Having home insurance without flood cover can get expensive, especially if you run into a flooding situation. Without flood insurance, water damage repairs can cost thousands of dollars. And that's just for repairs and not valuables. Protect your home and valuables by purchasing flood and regular homeowners insurance.
Depending on where you live, flood insurance is only a recommendation. Homes in areas designated as high risk are required to purchase flood insurance before mortgage companies can release a loan. These are the areas labeled A and V on the flood risk map. Holt Flood insurance recommends purchasing flood insurance regardless of your flood risk, as flooding can happen anywhere and anytime. You can buy flood insurance through a private insurance company or the NFIP.
If you are planning on buying home insurance without flood cover because you want to save money, just remember that in the event of a flood due to weather, your property and valuables are not protected. You will have to cover repair costs out of your pocket. So, paying for the extra protection monthly is better than a hefty amount all at once.
For more information on how home insurance without flood cover can affect your property, visit our website or call us at (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 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
