When it comes to expensive natural disasters, flooding is certainly one of them. Particularly here in Florida, these are often caused by Florida’s penchant for being hurricane and tropical storm-prone. Just about every home can succumb to flooding yet not every home is protected from it.
Often, homeowners are under the false belief that their home insurance policy flood damage coverage. However, a regular home insurance policy typically does not. To cover your home and property should they be destroyed by rising water, a separate flood insurance policy is required.
If you’re on the fence about flood insurance, consider some of the following. For starters, Florida is notorious for being hit with hurricanes and tropical storms, and it holds the dubious honor of being the state with the most in history. Because the state’s terrain is largely flat and at a low elevation, water can spread significantly when it rises.
Flood insurance may not be a requirement but if you are a Florida homeowner, it may be a good idea to strongly consider it.
This information is provided by Miami insurance attorney Alonso & Perez, LLP. Our areas of practice include bankruptcy, insurance litigation, foreclosure defense, immigration law, and more. Call 305-676-7545 to speak with one of our attorneys or a Miami insurance settlement lawyer and receive a free consultation We look forward to working with you.
This information is provided for educational or informational purposes only and should not be construed as legal advice. The information is not provided in the course of an attorney-client relationship and is not intended to substitute for legal advice.