Category Archives: Flood Insurance

Flood Insurance Purchase – A step to secure your investment

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If you are owner of a residential property and already bought your homeowners insurance, then you need to know that damage due to flood is not covered under standard renters and homeowners insurance policies. You need to buy separate flood coverage either from the NFIP (National Flood Insurance Program) or from a few reliable private insurers. According to the FEMA, after the Hurricane Harvey of January 2018, more than 91,000 NFIP policyholders claimed for losses and FEMA has paid more than $7.6 billions to them.

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