Living in a high-risk flood area can be stressful. Knowing that you have the financial protection that comes from having flood insurance can help relieve some of this anxiety. The professionals at Soto Insurance Agency servicing Covington, LA, can help you get flood insurance.
Who Needs Flood Insurance?
If you live in a high-risk flood area (zones A and V on FEMA flood maps), you may be required to get flood insurance if you have a federally-backed mortgage. Even if your mortgage isn’t federally backed, your mortgage lender may still require you to get flood insurance when you’re buying a house.
If you buy your house with cash, you may not be required to get flood insurance – but many homeowners in high-risk areas choose to get this type of insurance anyway. Having flood insurance can help you rebuild after a flood occurs.
Home insurance doesn’t cover floods, so for many homeowners, having flood insurance is the only way to rebuild or repair their homes when a flood happens realistically.
How Can I Get Flood Insurance?
The National Flood Insurance Program is managed by FEMA (Federal Emergency Management Agency), but you don’t have to call FEMA to get flood insurance. Flood insurance can come from your insurance agent at Soto Insurance Agency, servicing Covington, LA. Call us to get started with a flood insurance policy.
How Can I Tell If I Live In a High-Risk Flood Area?
If you live in a high-risk flood area, you can tell on FEMA’s flood map, which can be found online. If you’re having trouble finding your home on a flood map, your insurance agent can also help you determine whether you live in a high-risk flood area. Call us today.
