flood insurance tips
Excess Flood Insurance Carriers
Excess Flood Insurance Carriers
Excess flood insurance carriers are there to help you when you have used up your flood insurance limit. Some of the features of extra flood insurance include coverage limits over $250,000, with some companies having limits up to 10 million dollars. It can also include additional expenses that are not included with regular flood insurance.
When calculating flood insurance rates, companies will look at a few factors such as your home's age and location, the distance between the building and a body of water, elevation, and the amount of coverage you will need. At Holt Flood Insurance, we can help you better understand what goes into determining flood insurance rates, whether you are new to flood insurance or have had it for a long time.
Not everyone needs to use excess flood insurance carriers, and there are a few circumstances in which this is the case. These include homes and businesses located in high-risk areas. The cost to repair or rebuild your home costs more than $250,000, and there is still a mortgage on your home. While it's not required to purchase excess flood insurance, it's always a good idea to have it in case of emergencies.
For more information on excess flood insurance carriers and how to find them visit our website or give us a call at 1(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 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!
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.
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
