Basic Guidelines For Purchasing Flood Insurance
Posted: November 16, 2016
Do you need flood insurance? Any home or business can be damaged by water incursions, even those located in a low to moderate flood risk area. If you have concerns about the possibility of flooding due to storm conditions, rising water, fast melting snow, mud, or other situations, getting flood insurance could save you thousands, tens of thousands, or more. Our local agents are here...
The "Lapse Rule" Could Wash Away Your Current Flood Policy
Posted: June 27, 2016
In case you haven't already heard, as of April 1 of this year, the Homeowners Affordability Act (HFIAA) requires the NFIP to track and apply rating changes to certain flood policies that lapse. But What Is Considered A "Lapse"? According to our partners at Wright Flood, a lapse is defined as a "premium paid after the policy's 30 day grace period ends, but paid within the...
Flood Prevention and Safety in Metairie
Posted: March 23, 2016
As we know all too well here in Metairie and the New Orleans area, preparation fora flood is just as critical as with other types of emergencies. But before getting into how you can prevent, limit or react to flooding, it’s important to note that flood damage is typically not covered by your homeowners or renters insurance. However, there are specialized flood insurance programs that we at...