do I need excess flood insurance

$250,000 The maximum claim for damages to residential property with a regular flood insurance policy. for damages to residential property If you live in a flood-prone area and have standard flood insurance, the coverage may not be enough. You may need excess flood coverage. And you’ll want to figure it out before a flood occurs—doing so […]

worth hiring an insurance agency

Insurance is a booming business in the U.S. Last year, $1.2 trillion in net premiums were written. Life and health insurance accounted for 52% of that while property and casualty insurance accounted for the other 48%. But what if you invest in insurance to protect yourself against a loss and then nothing ever happens? Then, you’ve paid for nothing. […]

what is covered in flood insurance

If your home is involved in a flood, you may find comfort in having homeowners insurance. But don’t lull yourself into a false sense of security. Insurance and risk management expert, Matthew Struck, says, “Standard insurance doesn’t cover flood damage at all. Many homeowners are stunned to discover this fact when their homes are flooded.” Struck adds, […]