The sea level around South Florida is steadily rising every year. Don’t be surprised if you see more floods happening in your area very soon. With a higher flood risk, your flood insurance premium will rise too, courtesy of the Risk Rating 2.0 update. However, this update for flood...
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Floods are not a rare occurrence in Florida. As a matter of fact, the risk of flooding in the state is only going up every year. Miami, being one of the top cities of the state, isn’t spared by such damages. So, if you haven’t bought flood insurance yet,...
You need flood insurance in Florida, even when it is not mandatory as per the state laws. After all, the entire state is at flood risk in varying capacities. But how do you the best of flood companies in Florida? What are the factors that can determine the best...
Don’t be surprised if you see your premium for flood insurance in Miami Dade County increase next year substantially. Federal Emergency Management Agency (FEMA) is all set to launch Risk Rating 2.0 by April 2022. The latest policy change seeks to take the financial burden off those with low-value...
Whether you believe it or not, every household in Miami FL is indeed at some degree of flood risk. This is further proven by the fact that as much as 20% of the claims that NFIP received last year were filed by people who don’t live in high-risk flood...
Did you know that flood coverage isn’t included in your homeowners’ insurance policy? Since the flood risk is very much real in Florida, you need a separate flood insurance policy to secure your belongings. The cost of flood insurance in Florida isn’t too expensive right now, but it may...
There is no way you can ever get away from floods. Unlike hurricanes that occur during a particular season, a flood can happen at any time. It can catch you when you put your guard down. The financial impact of losses you incur will be much more than the...
There is never getting away from floods when they happen. Almost the whole of Florida is a flood zone. You need to be concerned about that since flooding can cause devastating losses to you. The restoration costs alone could run into thousands of dollars for a couple of inches...
Broward County is known for its mesmerizing beaches and coastline. However, the area also experiences severe flooding events now and then. Just a few months ago, in November 2020, a foot of rainfall caused massive flooding throughout the county. Streets began to look like canals. Losses caused by these...
Two major catastrophic events happen all around the state of Florida every year – hurricanes and floods. Floods in particular have caused maximum damages to the entire country, with losses running into hundreds of billions of dollars. Despite that, most people do not request a free Florida flood insurance...