Do I Really Need Flood Insurance?

Many people do not realize that flooding is not typically covered under their home insurance policy. Floods, caused by heavy rainfall and overflowing lakes and rivers, are typically excluded under these policies. However, there are umbrella or add-on policies you can purchase that cover your home against flooding. McCormick Insurance Inc. is often asked if those in the greater Pembroke Pines, FL area should invest in this type of insurance. Here is some information you may want to know if you are on the fence about flood insurance.

Florida mostly swamp lands. As such, when it rains, the area is prone to flooding and it can flood quickly. Most of Florida falls into some category of a flood plain according to the FEMA official map. This means that flooding is likely to occur at some point in time in the area. As such, flood insurance may be a wise investment to make if you live in the greater Pembroke Pines, FL area.

If you are not sure whether you should purchase flood insurance, ask yourself if you can afford to repair your home and replace any damages lost without being financially affected. If you can afford to make the repairs that flooding caused to your home, and replace your flooring, furniture, electronics and home goods without being negatively financially affected, you may choose not to invest in flood insurance. But if you are a middle-class individual, you likely cannot afford to take this kind of financial hit. As such, flood insurance is a smart investment for you.

If you are ready to purchase flood insurance in the greater Pembroke Pines, FL area, now is a great time to call McCormick Insurance Inc. Our agents can help you determine if flood insurance is right for you and how much coverage you need.