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Most homeowner’s insurance policy will include water damage from, for example, a broken pipe. However, this does not include damage caused by flooding. If you live in an area which is prone to flooding, or if you want extra protection for your home and belongings, call KM Insurance Services for a San Diego Flood Insurance Quote. We work with over 20 providers and can find you a flood insurance policy that is affordable and gives you the protection you need.
Flood Insurance, What You Need to Know
In 1968, the National Flood Insurance Program (NFIP) was established and it allowed homeowners to purchase flood insurance policies which were backed by the US government. These flood insurance policies were cheaper than those offered by private companies. If your community is a part of the NFIP, then you are eligible for government-subsidized flood insurance policy.
If you are not living in a “high risk” flood area, you can still buy flood insurance for extra protection. This is particularly important for high-end homes which have so much to lose if they suffered a flood. It is estimated that one in five flood insurance claims come from low-risk or medium-risk areas. This means that even though your home is not in a high-risk area, your home could still be flooded.
Where does flood water come from? Floods are usually due to heavy rain, melting snow, or severe coastal conditions. Despite the drought conditions the state is experiencing, parts of California are in danger of flooding. Please be aware that most flood insurance policies come into effect after a 30-day waiting period. This is to prevent homeowners from buying insurance on the same day that they are being flooded. You need to protect your home with a flood insurance policy before a disaster has hit.
Get a San Diego Flood Insurance Quote
At KM Insurance Services, we cultivate relationships with insurance providers so that we can get the best deals on your behalf. We work with 20 insurance providers and we are confident that we can find an insurance policy that matches or is better than the policies offered by our rivals. Please call us for a San Diego Flood Insurance Quote. Contact us by Email or by telephone at: (619) 667-2880.