Five reasons for flood insurance

With the devastating hurricanes and storms we’ve already witnessed this season, it’s a good time to make sure you have the right flood insurance coverage. According to FEMA and the National Flood Insurance Program website:

  1. Floods are the nation’s most common and costly natural disaster, causing millions of dollars in damage every year.
  2. Homeowners and renters insurance, along with most business insurance policies, do not typically cover flood damage.
  3. Floods can happen anywhere – more than 20 percent of flood claims come from properties outside the high-risk flood zone.
  4. Flood insurance can be the difference between recovering and being financially devastated.
  5. The damage from just one inch of water can cost more than $20,000.

Ask your independent Motorists agent about flood insurance coverage through our brokerage, MCM Agency, today.