flood insurance tips
High Risk Flood Insurance Cost
High Risk Flood Insurance Cost
A High-risk flood insurance cost can vary between states and whether you get your insurance through the NFIP or a private insurer. The average price of annual flood insurance through the NFIP is $985. Flood insurance in a high-risk area is mandatory before you can take out a mortgage.
There is a lot that flood insurance covers plumbing and electrical units, furnaces and air conditioners, flooring, installed bookcases, cabinets and paneling, foundation, blinds and other building parts. It also covers your personal belongings, curtains, washer and dryers, microwaves, carpets that aren't covered under building costs and valuables worth up to $2,500, such as furs and artworks.
Suppose you want to lower your high-risk flood insurance cost. In that case, you can do the following, elevate your utilities off the ground like your furnace and central air units electrical panels. Install flood openings in your basement or crawl space, fill in your basement, elevate your property and increase your deductible. If you choose to buy your home outright, you're no longer required to purchase flood insurance. However, you should still purchase it to protect your home and contents.
For more information on high-risk flood insurance cost and where the high-risk zones are located cost, visit our website or give us a call at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.
Here is what our clients are saying about us:
I have known Tim for many years and he is a man with great integrity, work ethic and one of the nicest persons I know. Over the years Tim has provided insurance counseling and advice to our company, for myself personally, as well as to our clients. Recently Tim, took time to analyze our flood insurance policy and he was able to make some excellent recommendations. Our flood insurance costs are now less and we have much better coverage. I recommend Tim to anyone without hesitation or reservation.
I have no problem giving you an A1 reference for taking care of the flood policies for me and Diane. I appreciate you working with the mortgage company: the surveyor and our previous agent. The result was a 75% reduction in our flood insurance premiums!
We contacted Mr. Holt for an estimate via email over the weekend prior to a closing on a property, hoping for a response on the following Monday to take with us with confidence in being insured at the settlement table on a Tuesday. He exceeded our expectations not once but in readily responding to the initial request and then to follow-up questions all during the weekend frenzy that occurs before closing. "Impressive and responsive customer service," for sure!
We'll help you:
Lower your current flood insurance premiums
Eliminate excessive & unnecessary coverage
Remove the FEMA from the claims handling process
