Five reasons for flood insurance
With the devastating hurricanes and storms we’ve already witnessed this season, it’s a good time to make sure your policyholders have the right coverage. According to FEMA and the National Flood Insurance Program website:
- Floods are the nation’s most common and costly natural disasters, causing millions of dollars in damage every year.
- Homeowners and renters insurance, along with most business insurance policies, do not typically cover flood damage.
- Floods can happen anywhere – more than 20 percent of flood claims come from properties outside the high-risk flood zone.
- Flood insurance can be the difference between recovering and being financially devastated.
- The damage from just one inch of water can cost more than $20,000.
There are several parameters used to determine flood coverage eligibility for the various programs offered. Let MCM Agency work with you to help determine the best solution for your clients’ flood insurance needs.
We’ve developed a one-page Flood Quick Quote form to help begin the process. Please complete and return to:
agencyaccountdesk@mcminsurance.com
Once submitted we will contact you for any additional information we may need.