It is important to know that when it comes to flooding or storm surge your home is not covered by your homeowners insurance policy. It is important that as a Florida resident you purchase a separate flood policy from your insurance agent to be sure you have the proper coverage.
There is no waiting to the last second when it comes to flood insurance. Flood insurance is typically subject to a 30-day waiting period which means it will not cover any losses incurred within 30 days after the policy effective date. This means do not wait until a hurricane is in the area to purchase a Florida flood insurance policy. At that point it will be too late and you will not have coverage for that storm.
Storm surge is the result of high water levels combined with intense wind. A storm surge that occurs, during high tide especially, can have a devastating impact. There are many factors that go into determining the impact and extent of storm surge including the storm’s size and speed, as well as the shape of the coastline. In many instance the storm surge can be one of the most devastating aspects to a hurricane. An example includes Hurricane Ike that struck Texas and Louisiana in 2008. The storm surge reportedly reached as far as 30 miles inland in many regions.
Flooding can happen whether you live near the coast or not. In fact, floods can happen anywhere, at any given time. According to FEMA, floods are the most common and costly natural disaster. In some cases flooding can be the result of tropical storm or hurricane but in most cases it is often caused by torrential rains or weather stalling over a given area. If there is insufficient drainage or the ground is overly saturated flooding can occur very quickly.
It only takes one inch of flooding for your home to suffer significant damage. To learn more or to attaining proper flood insurance contact us today! 386 734 3970