Climate change is a reality. Flooding is a major factor in climate change. Every year billions of dollars are lost on property damaged by flooding. A recent example of this trend is the May, 2010 flooding of Nashville, Tennessee. Over a billion dollars of damages resulted from the Nashville flooding.
Not all flooding victims are the same. The first type of flood victim is one who does not have insurance, the second type do have insurance. The ones who have flood insurance are protected and can recover. For a commercial property owner not having flood insurance is taking a gamble. When sudden, massive flooding strikes many commercial properties are simply destroyed. The benefits of having commercial property insured for floods far outweight the costs to maintain it.
One common misconception is that homeowner?s insurance covers floods, it does not. How much does flood insurance cost?. A number of factors are considered when determining the premium for flood insurance coverage.
Ameriflood is a very popular flood insurance provider. Ameriflood insurance is popular because it offers, in most cases a 12% rebate on your premium. How long does it take for flood insurance to become effective?. In most cases there is a 30 day waiting period before flood insurance coverage becomes active. Contact Ameriflood to find out how you can save 12% off your flood insurance.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.