Flood insurance is a type of insurance that many people don’t think much about. Of course, if they were to go through a flood, they would think about it a lot. That’s why it’s so important to have a flood insurance policy. In the Southeast US, floods happen quite often. If you’re in Georgia and you don’t have flood insurance, call us at Johnathan Roberts Insurance Agency to find out more.
Flooding and Flood Zones
There are many areas of the country, especially in the Southeast US, that are designated as flood zones. There are different types of flood zones, depending on how often the area tends to have flooding. Some are 20-year flood zones, some are 50-year flood zones, etc. However, not all flooding happens inside these zones. Among all flood claims, about 20% originate from outside any flood zone. That makes it important for everyone to have flood insurance. Flooding can happen in unlikely places, and this happens all the time.
The National Flood Insurance Program
In the U.S., flood insurance is backed by the government through the National Flood Insurance Program. This program guarantees funds for flood damages. This program also sets the price of flood insurance. No matter where you go to look for a flood policy, it will always be the same price. That makes it easy to get this type of insurance without having to shop around for the best price. And because it has government backing, it’s a solid insurance product that is important to have for anyone who owns a home.
No matter what your flooding risk is in Georgia, flooding can occur. Be ready by having your own flood policy. Call us at Johnathan Roberts Insurance Agency to get started with a flood policy of your own.