How Much Is Flood Insurance? Myths You Need To Know!
How much is flood insurance? And, do you even need flood insurance for your home or business? The answer may surprise you. This insurance is a very beneficial type of coverage that is useful for both commercial and residential property owners. Floods can cause significant amounts of damage to any type of property, and this damage can lead to thousands of dollars in losses. Flooding occurs more often than tornadoes, earthquakes, or hurricanes. Between 2005 and 2014, flood insurance claims averaged more than $3.5 billion per year. The best thing to do is to take preventative action by choosing a insurance policy to have coverage before disaster strikes. This article covers this particular type of insurance, how much is flood insurance, and … Read more