Flood Insurance from First Choice Insurance Agency: Serving Amityville, Babylon, Deer Park, Farmingdale, Lindenhurst, Massapequa NY.
The simple truth is that flood damage can happen to anyone!
Flood damage to your waterfront home, or home or business anywhere in Long Island and the NYC area can be caused by a number of factors including rapid precipitation accumulation, broken water pipes or damage from a snowfall. With changing weather patterns, water accumulation can occur for reasons previously thought not likely. While there may not be a consensus on the cause of our changing weather patterns, the fact remains that floods are in the top 10 natural disasters in the United States. In fact, flooding ranks among the highest in terms of property damage.
Who needs flood insurance on Long Island?
If you own a home or business in a designated flood zone and have a mortgage, chances are that you are required to carry flood insurance. However, your home or business does not need to be located in a high-risk flood zone to suffer damage from flooding. There are many flood claims from outside the flood zone.
What is flood insurance?
Homeowner’s insurance does not cover flood damage, so flood insurance is offered as an extra insurance policy designed to provide protection for your home and your belongings. Anyone can buy flood insurance as long as the property is located in a community that participates in the National Flood Insurance Program. Premiums are pre-set by the U.S. government so your rate is the same from any insurer. Homes, apartments, condos and business structures are all eligible. Even if you’ve had flooding previously, you can still buy flood insurance. In addition, renters may purchase flood insurance for their possessions. Our insurance professionals will take the time to talk with you about FEMA’s guidelines and your flood insurance requirements and we can guide you with elevation certificates if to reduce costs.