Flood is one of the most dangerous yet quite common natural disasters in the U.S. A single inch of water from the flood can create a huge damage to your home as well as personal valuables. While you cannot do much to prevent this natural calamity, you can certainly try to control its impact on your life by purchasing flood insurance. This will keep you shielded from all sorts of flood-related loss. We, at JNR Insurance Agency, are a locally owned and operated insurance broker that has been in this field since 2004. We have catered to the insurance needs of several people in this fruitful 14 years, with respect to aspects like home, automobiles, business, and also flood. If you are based in areas including Brooklyn, Bushwick, Greenpoint, Prospect Point, and Williamsburg, then you can rely on us.
Here, we have put together a few facts you must know about flood insurance. Take a look.
- The Coverage & Deductibles
Flood insurance is meant to provide effective coverage for both the building and its contents although it doesn’t include the land on which the dwelling was constructed. Sometimes, there is limited coverage for lower floors, basements, enclosed floors, or crawlspaces, etc. But the building coverage includes the electrical and plumbing systems, HVAC systems, refrigerators, and other cooking appliances, window blinds, carpets, and others. Amongst the valuables, the flood insurance should cover clothing, furniture, electronics, curtains, artwork, and so on. You should know the contents coverage and the deductibles before opting for this.
- Premium Rates
The premiums for flood insurance are dependent on a number of factors including the kind of building you are seeking protection from, the valuables your homes content, whether the property has a basement, the construction of the building, the elevation of the property, whether the contents are situated above the ground level, and where the physical property is located in a high-risk area or a low-risk one.
So, if you are interested in our flood insurance plans, get in touch with us now.