Flooding in North Carolina, South Carolina, and Tennessee caused massive damage in areas that were not typically associated with flooding issues which has led some homeowners to consider purchasing a federal flood insurance policy. Unfortunately, according to Insurify, coverage from the National Flood Insurance Program (NFIP) may not be available to everyone that would like a policy. According […]
56% of Homeowners Thought That a Standard Policy Covers Flood Damage
13
Nov
As recent victims of Hurricanes Helene and Milton have found out, a homeowners policy comes with exemptions for flood and storm surge damage. Homeowners often don’t understand their coverages and are unaware of gaps in their coverage. According to a survey by Trusted Choice, 86% of surveyed homeowners claim they know what their home insurance […]
FEMA Extends Renewal Period for Policyholders in Florida Affected by Hurricane Milton
24
Oct
Even though renewal dates have passed for some policyholders with flood insurance through the National Flood Insurance Program, policyholders that were impacted by Hurricane Milton may be able to renew their policy without a coverage lapse and file a claim for flood damage. The NFIP has extended the renewal deadline to Dec. 10, 2024, to renew […]
2024 Hurricane Helene Rising Prices for Home and Flood Insurance
09
Oct
Hurricane Helene caused massive devastation to properties and buildings as it ripped through the Sunshine State. Unfortunately, the devastation caused by this storm hit the state after years of skyrocketing prices for both homes and flood insurance which has left households without insurance coverage or low-cost policies that offer less coverage. The increasing cost of […]
Pennsylvanians Urged to Get Ready for Flooding
15
May
According to a recent PennWatch article, Pennsylvania Acting Insurance Commissioner Michael Humphreys and Pennsylvania Emergency Management Agency (PEMA) Director Randy Padfield are urging Pennsylvania homeowners to start preparing for the flooding that may come during the springtime rainy season. Flooding is fairly common in the state due to heavy spring rains which often continue into […]