With hurricane season looming, now is the time for Floridians to purchase flood insurance before storms begin to wreak havoc. In most cases, a homeowner will be required to wait a minimum of about thirty days before the flood insurance policy will go into effect.
Homeowners should remember that the majority of insurance policies do not include coverage for any damage caused by floods as it is generally considered an excluded peril. If you happen to live in an area that isn’t designated for federal assistance should something happen, a flood insurance policy can save you a tremendous amount of headaches and financial woes.
If you do in fact live or own a home in Florida, a flood insurance policy is strongly worth considering. Besides hurricanes, flooding can happen almost anywhere and may be even likelier to cause significant damage if you happen to live on or close to the South Florida beaches.
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 such as our Miami insurance 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.