Category: Flood Insurance

Do I Need Flood Insurance?

You might think you don't need flood insurance if you live in an area that is considered "high and dry." Although some areas are more susceptible to flooding than others, flooding can occur anywhere. With heavy rains, spring thaws, or rapid accumulation of rain after a wildfire, flooding can occur in places that are not generally considered at risk. How Does Flood Insurance Differ from... Read Article

Basic Guidelines For Purchasing Flood Insurance

Do you need flood insurance? Any home or business can be damaged by water incursions, even those located in a low to moderate flood risk area. If you have concerns about the possibility of flooding due to storm conditions, rising water, fast melting snow, mud, or other situations, getting flood insurance could save you thousands, tens of thousands, or more. Our local agents are here... Read Article

The "Lapse Rule" Could Wash Away Your Current Flood Policy

In case you haven't already heard, as of April 1 of this year, the Homeowners Affordability Act (HFIAA) requires the NFIP to track and apply rating changes to certain flood policies that lapse. But What Is Considered A "Lapse"? According to our partners at Wright Flood, a lapse is defined as a "premium paid after the policy's 30 day grace period ends, but paid within the... Read Article

Flood Prevention and Safety in Metairie

As we know all too well here in Metairie and the New Orleans area, preparation fora flood is just as critical as with other types of emergencies. But before getting into how you can prevent, limit or react to flooding, it’s important to note that flood damage is typically not covered by your homeowners or renters insurance. However, there are specialized flood insurance programs that we at... Read Article