Floods can occur anywhere in the United States, but Florida is one of the areas that are the most vulnerable – especially Fort Myers since it’s on the coast.
Flooding can be caused by a handful of things – heavy rain, storm surges, or river overflow, to name a few. Even if you don’t live in a high flood risk zone, your home could still sustain damage from a flood – and all it takes is a couple of inches of water to do the trick.
When you buy flood insurance in Fort Myers, here are some factors to consider
While a homeowners policy may include coverage for water damage, that refers to a pipe leak or a hole in the roof or a storm surge. What protects your home in the event of a flood is specific flood coverage.
FEMA has created a geographic map of flood risk levels called flood zones. In Florida, everyone has some degree of risk, but you’ll need to figure out whether that risk is low, moderate, or high.
Depending on where you live, it might be mandatory to be covered by flood insurance. If you live in a high-risk area, your mortgage lender might require you to do so.
Heavy rainfall can occur anywhere in Florida, and we know that it does. So, even if you’re located in a low-risk zone, you should still be covered by flood insurance – and your location will most likely allow you to pay a lower premium.
You can purchase building coverage and contents coverage flood insurance, but they come with separate deductibles. Building property coverage entails items such as:
Personal contents coverage entails items such as:
Having flood insurance in Fort Myers is the smart thing to do. To learn about your options regarding coverage, get in touch with Chapman Insurance Group today for a free quote.