Do You Need Flood Insurance ?
Floods are the number one natural disaster in the country when it comes to the number of lives lost and property damaged. But there is something that can give you control over your loss. It’s called flood insurance. The flash flood was in last May that flooded her home and business together in Sissonville Drive in Kanawha County. In the one case that’s every time it rains hard now, Rita watches the creek – and just crosses her fingers. The cost of flood insurance varies depending on the type and value of the home and business and their content.
Average premiums on a $ 50,000 home is anywhere from $ 500 to $ 700. More if you live in a flood prone area. Flood insurance will cover your house, but it costs extra to the content, such as clothing and furniture. And while the first flood basements, it will not cover the content below. If it’s a real cellar, the only things that are going to be things like your heating and cooling unit, a washer and dryer. While there is not much you can do, but shy away from flood waters, flood insurance can help prevent drowning in repair bills. Experts say do not wait until it rains. Flood insurance takes 30 days to kick in log.
