Month: July 2020

Three things to know about Flood Insurance Everyone lives in a Flood Zone 25% of all flood damage occurs outside of high risk areas Homeowners Insurance excludes claims for flood damage Flood is defined as rising ground water on normally dry land (Not a broken pipe in the house). This could come from heavy rain, overflow of stream, lake, river or ocean, tidal surge, water main break, blocked drainage ditch, swimming pool collapse or other causes. Most homes outside of high risk flood zones do not have flood insurance as the bank does not require it, but 25% of the …