Things To Know When Purchasing A Flood Insurance Policy

Dated: September 22 2017

Views: 156

  • Ask your agent the right questions.

  • Know what is and is not covered. Contents are not covered by a building/structure flood policy. You'll need another policy for contents within the building.

  • What you need to know about your deductible.

  • There is typically a 30 day wait period between when you buy a flood insurance policy and when it goes into effect, but there are some exceptions.

  • There is a congressionally-mandated surcharge added to all National Flood Insurance Program policies.



Information is from https://www.fema.gov/national-flood-insurance-program

Blog author image

Jenny Rutherford

Meet Jenny Rutherford Jenny Rutherford Real Estate, LLC. Where did you grow up? I grew up on a farm at the base of the Blue Ridge Mountains in Virginia. I've lived in several states, including Virgi....

Want to Advertise on this Site?

Latest Blog Posts

June 2021 Existing Home Sales Bounce Back As Home Prices Hit Second Highest Pace

June 2021 Existing-Home Sales Bounce Back as Home Prices Hit Second Highest PaceNAR released a summary of existing-home sales data showing that housing market activity this June increased 1.4% from

Read More

6 Ways To Build Home Equity

6 Ways To Build Home Equity!Equity is a term used a lot in real estate. It’s an incredible benefit to homeowners. Equity can be built up and used for things like house remodels or paying off debt.

Read More

COMING SOON 113 Blue Heron Drive

COMING SOON!113 Blue Heron Drive Savannah, GA$325,000Beautiful Brick Home In The Middle Of It All! Surrounded By Gorgeous Oaks!3BR/2BA | 1527sqft9,583 sqft lot.Electric Garage With Additional

Read More

Financing The Perfect Flip

Financing The Perfect Flip!For those interested in getting into the house-flipping game, advanced research is essential to ensuring a profitable venture. While there are numerous upsides to this

Read More