Flood insurance coverage requirements

In some cases, there are flood insurance coverage requirements. One of these cases is that homeowners looking to buy a property in a high-risk area must purchase flood insurance before taking out a home loan. Most mortgage companies will not release a loan until proof of flood insurance is given.

You can purchase flood insurance through the NFIP or private insurers. It is also available to everyone, not just those living in high-risk areas or homeowners. Renters can buy flood insurance as well. At Holt Flood Insurance, we recommend all property owners and renters have flood insurance as extra coverage for their belongings. If you are new to flood insurance, we can help you find an insurance plan that works for you. And if you already have insurance and are looking for a better rate, we can help you too.

Other flood insurance coverage requirements may include getting your community involved in flood prevention. Lower your home's flood risk by installing flood openings and filling in basements, moving utilities such as heating and cooling units and breaker panels to a higher area in the home, and providing an elevation certificate once you've elevated your home.

For more information on flood insurance coverage requirements, 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.

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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.
Edward Semambya, CPA

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!
Mike Edwards

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!
Ken Reuwer