Flood insurance premiums are yearly payments made by property owners, and the amount that homeowners pay depends on how much their property is worth and the flood risk level. So, if you live or own a home located in a high-risk flood zone, you will pay more than those in a lower flood risk level.
If you plan to purchase a home in an area classified as a high-risk flood zone, your mortgage company will require you to buy flood insurance before giving you a loan. And with over thirty years of flood insurance experience and thousands of customers served, Holt Flood Insurance can help you find a flood insurance company that meets all your needs.
Flood insurance premiums can be expensive, but there are ways to lower your annual fees, such as reducing the risk for flooding. You can do this by elevating your home and any utilities such as heating and cooling units, water heaters, and electrical panels. Filling in basements and installing flood openings. You can also choose a high deductible and encourage your community to reduce their risk of flooding. Or move your home or business to an area that has a lesser risk for flooding.
For more information on flood insurance premiums, 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.
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 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 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
