Floods in the United States result in more than $8 billion a year in losses, according to National Geographic. Water damage, along with secondary problems like mold growth, can ruin structures and belongings. Without flood insurance, the cost to repair, rebuild, and replace homes and businesses can be substantial. No property is completely safe from […]
Personal Insurance
Approximately 37 percent of renters have renters insurance, according to the Insurance Information Institute. While renters insurance covers common losses and damages resulting from perils like theft, vandalism, and fire, it does not cover everything. Most renters insurance policies do not cover damage caused by a flood. Similar to homeowners insurance, flood insurance must be […]
It just takes one inch of flood-water to cause more than $25,000 in damage to a home, according to the Federal Emergency Management Agency (FEMA). When flooding occurs, homeowners will want to ensure that they are protected. Flood insurance is an effective way to safeguard a home against unknown perils like storms and burst pipes. […]
Flooding is the costliest natural disaster in the U.S., according to The Pew Charitable Trusts, resulting in federal flood insurance claims of more than $1.9 billion annually. To protect their homes and businesses, most property owners rely on flood insurance. In the event of a flood, a flood insurance policy covers direct physical losses to […]
Floods are one of the most common and destructive natural disasters. According to the World Health Organization, flooding affected more than 2 billion people worldwide between 1998 and 2017. Homes and businesses near the coast are not the only structures that experience floods. Flash floods can occur due to excessive rainfall that causes rivers, streams […]
If you’ve recently leased a new apartment, then there are a million little details to take care of as you settle in. At some point you may find yourself wondering: Do I need renters insurance? And if you’re not asking yourself that question, you should be. What Is Renters Insurance? Renter’s insurance protects your personal […]
Motorcycles have long been symbols of freedom and adventure, but few things ruin those free-spirited travels more quickly than an accident on the road. While accidents are never a good experience, whether or not you have motorcycle insurance can completely change the aftermath of an accident and either make it a little bit easier to […]
Homeowners insurance helps you pay for the repair and replacement of parts of your home, including your belongings after they’re damaged by fire, theft, and other accidents. It can also help you pay for damage done to another person’s property or to visitors if they’re injured at your home. Most brokers provide the option to […]
