If you live in areas such as the Texas Gulf Coast you know all about the risks of hurricanes, storm surges, floods and flash floods. But do you actually have flood insurance? When last did you check your homeowner’s insurance or business insurance? Just because some type of property insurance does not mean you are covered for flood damage. Rick Tinker specialises in flood insurance and they can help you with proper coverage in Friendswood, Galveston, Houston, League City, Pearland or the Texas Gulf Coast.
The fact is most property insurance policies don’t include flood insurance. In fact, most homeowner’s policies specifically exclude flood damage related to natural events such as hurricanes, tropical storms, storm surges and heavy rain. The reasons are financial and risk related. Insurance companies know that floods can cause extensive damage over large areas and the risk of these events happening every year is around 100%. So, it is clear that you cannot afford to be without flood insurance if you live in Friendswood, Galveston, Houston, League City, Pearland or the Texas Gulf Coast. If insurance companies are sacred od the financial risks related to floods, shouldn’t you be?
Your homeowner’s policy or BOP wont include flood insurance. Flood insurance is a special type of supplemental insurance and you will need to get a separate flood insurance policy. One option for flood insurance is the NFIP (National Flood Insurance Program). This is a program created by the government and is managed by the Federal Emergency Management Agency (FEMA). As a homeowner in a floodplain or risk area, you have access to this coverage. This state sponsored flood insurance is available to every resident of communities that participate in the NFIP, regardless of whether the structure is in a mapped flood plain
Rick Tinker Insurance can help you with the flood insurance and coverage in Friendswood, Galveston, Houston, League City, Pearland or the Texas Gulf Coast.