flood insurance tips
NFIP Rates
NFIP Rates
Many factors can determine NFIP rates for your property, such as flood risk, type of coverage (property and contents), deductible amount, building location, and whether utilities are elevated or not. But there are ways to pay less, and at Holt Flood Insurance, we offer a few suggestions that can help lower your costs.
One of these ways includes elevating any utilities such as heating and cooling systems, hot water tanks, electrical panels, and any other utilities that may likely be damaged in the event of a flood. The other ways you can reduce your rates are by filling in basements, installing flood openings elevating your property, and relocating your home or business. And of course, we can still take a look at your current rate to help you find one that works for you.
NFIP rates can be lower if your community participates in a Community Rating System (CRS). The NFIP may also provide funding to help you elevate or relocate your home up to $30,000. We can help you get in touch with your insurance agent to find out more about this benefit.
If at any time you need clarification on NFIP rates, Timothy Holt is here for you. With over 30 years of flood insurance experience, there are no questions that he cannot answer. For more information, visit Holt Insurance online or give us a call at 1(540)809-1415.
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
