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Archive for the ‘Flood Insurance’ Category

In New York, particularly on Long Island in Nassau County, Suffolk County, Queens County, Brooklyn County, and Richmond County, homeowners may be faced with the prospect of trying to obtain home insurance (or having existing insurance) for a home that they own which is on or close to the water. In recent years this has become [...]

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1. Floods are the #1 natural disaster in the United States.
2. Most home insurance policies don’t cover flood damage.
3. Hurricanes, winter storms and snowmelt are common (but often overlooked) causes of flooding.
4. If you live in a low-to-moderate risk area and are eligible for the Preferred Risk Policy, your flood insurance premium may [...]

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Who Needs Flood Insurance?
Since floods can happen to anybody just about anywhere, you probably should consider the possibility of taking out a flood insurance policy. Depending on your flood zone, the premiums can vary greatly. Additionally, if you live in a high-risk flood area and buy a home and take out a mortgage, your lender [...]

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