Flood Insurance

Coleman Insurance Group, LLC, offers a vital service to protect your most valuable asset: flood insurance. It is important to be aware that standard homeowners' insurance policies do not cover losses resulting from flood damage. Floodwaters can jeopardize not only your home and sense of security but also your financial future. So, how can you safeguard your investment in the event of a flood?

Option 1: Relying on federal disaster relief if a flood occurs may not be the best solution. Many people mistakenly believe that the U.S. government will cover all their financial needs in the event of flood damage. The reality is that federal disaster assistance is only available if the president formally declares a disaster. Furthermore, any assistance received is often in the form of a loan that must be repaid with interest in addition to your existing mortgage on the damaged property. If your home is flooded and disaster assistance is not provided, you will be responsible for covering the extensive damage costs on your own.

Option 2: Purchasing flood insurance from Coleman Insurance Group, LLC, ensures you are protected regardless of the circumstances. In the event of a disaster, flood insurance policyholders' claims are paid even if the event is not federally declared. Flood insurance guarantees that you will be reimbursed for all your covered losses, and unlike federal aid, it never has to be repaid.

It is crucial to note that flood insurance policies typically do not take effect until 30 days after purchase. If a flood alert is issued for your area and you attempt to secure coverage, it will be too late. To ensure your protection, it is vital to plan ahead and purchase flood insurance well before any imminent threats.

Choose Coleman Insurance Group, LLC, to provide you with the peace of mind that comes from knowing your home and financial future are protected with comprehensive flood insurance coverage.