The first time you ever walked into your home, you probably found yourself imagining some of the happy moments that might eventually take place there.
Maybe you saw yourself making cookies with your first child in the kitchen, or watching movies with your spouse in the living room. Chances are, you never imagined the destruction and mayhem that would happen after a flood. Sadly, this is a scenario that more homeowners need to think about.
Determining whether or not you live in a floodplain is part of the home buying process. If you do live in Special Flood Hazard Area (SFHA) the choice about whether or not to buy flood insurance may be a requirement rather than an option. This often leaves homeowners at a disadvantage when it comes to cost.
Is Your Flood Insurance About To Get More Expensive?
The National Flood Insurance Program (NFIP) recently announced plans to raise rates on policies held by homeowners in SDHAs. According to the NFIP, these rates could increase by 20 percent of more. Boom! Just like that, you’re paying 20 percent more just to protect your home from a single “peril flood” on top of your homeowners insurance policy.
If you’re living in a SDHA, it’s important to realize that NFIP insurance isn’t the only option for protecting your home, belongings, and loved ones from the danger of flooding.
Private Flood Insurance Is A Smart Alternative
Superior Flood Inc. offers private flood insurance that’s just as legitimate as the policies offered by FEMA. The difference is that we can provide private flood insurance that’s 20 to 50 percent cheaper than the NFIP policies before the proposed rate increase. That’s a potential total savings of 40 to 70 percent!
Our private flood insurance policies are backed by Lloyds of London, one of the world’s strongest and oldest financial institutions. For over 300 years, Lloyds has been providing superior insurance coverage for myriad items and situations. With Lloyds and Superior Flood Inc. on your side, you can live with the confidence of being covered no matter what Mother Earth sends your way.
Interested in a private flood insurance policy? Contact Superior Flood Inc. today.