Flooding can cause extensive damage to Florida homes. That’s why it’s so important for homeowners in Jacksonville, FL to invest in a flood insurance policy.
When you purchase flood insurance, you need to make sure that you avoid making the following three mistakes.
Not understanding precisely what flood insurance covers.
One of the most important things to understand before you purchase a flood insurance policy is what it covers and what it doesn’t cover.
A flood insurance policy can’t be expected to cover every type of damage or asset. However, flood insurance should include things like your foundation, plumbing system, appliances, HVAC system, and carpeting.
Read the fine print to understand the exact extent of the coverage you’re getting.
Failing to compare quotes on flood insurance policies
Flood insurance providers will offer you quotes on policies without any commitment. For this reason, it’s important to get multiple quotes and to compare them. This will allow you to find the best flood insurance option for your particular needs.
Thinking you don’t need flood insurance because of your home’s location
Every home is designated as being in a particular flood zone. Some flood zones pose a greater risk of flood damage than others.
However, it’s essential to understand that every home could experience flood damage regardless of its location. It’s a good idea to invest in flood damage even if your home is not in an at-risk area. Homes that are not in high-risk areas often offer the benefit of relatively inexpensive flood insurance premiums.
Start exploring your flood insurance options with 925 Partners by giving us a call. We’ll find the right flood insurance solution for your home in Jacksonville, FL.
