Why experts say it’s a good idea for homeowners to have flood insurance

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Property Insurance News

Money,Flood Insurance

Catastrophic flash flooding continues in South Florida after three consecutive days of torrential rains, and while it’s too early to tell exactly the totality of damage to vehicles and property, local Insurance experts said the flooding should be a reminder that now is the time to get flood insurance.

Smoothie King Keg? It’s a thing, and a Jacksonville Beach location is among only 10 to offer the new dealLocal Newsafter three consecutive days of torrential rains, and while it’s too early to tell exactly the totality of damage to vehicles and property, local Insurance experts said the flooding should be a reminder that now is the time to get flood insurance.

Insurance experts said this week’s severe rain event is a stark reminder that all Florida homeowners should consider flood insurance. “Most flood policies in Florida are very reasonable. In fact, if you live away from the coast, you could get flood insurance for roughly $50 a month. So about $600 a year, the average cost of a flood policy in Florida is running about $985,” Friedlander said. “But there are many homes here in Northeast Florida, get it for roughly $50 a month, it’s worth the investment. Because think of what happens if you have flood damage.

 

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