property flood insurance
Flood insurance deductibles are portions of damages you need to pay when filing a claim with your insurance agency. It's also one of the factors that contribute to how much you will pay for flood insurance. You can choose the type of deductible, but it will affect how much your insurance agency will pay out.
You can purchase flood insurance either through the NFIP or through a private insurance company. The difference between the two is that insurance through the NFIP is cheaper than from an insurance company. However, private insurance companies offer more protection. At Holt Flood Insurance, we can help you decide which insurance provider works best for you and your property.
There are two types of flood insurance deductibles, building, and contents. Building applies to the structure of your home, the foundation, walls, and floors, where contents are any personal belongings that may have been damaged, like clothing, electronics, furniture, and more. Choosing a higher deductible will decrease how much you will pay for flood insurance. Deductibles through the NFIP stay at a fixed rate, but if you decide to go with a private insurance company, Holt Flood Insurance can help you go through the quotes before deciding which company to go through.
For more information on flood insurance deductibles, 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.
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!