When Is the Best Time to Purchase Flood Insurance?

Flash floods can happen quickly especially if your area receives a lot of rain in a short amount of time. Many homeowners don’t know their flood risk until it’s too late to do anything about it. In Selden, NY, residents can look to the agents of XL Brokerage Inc. if they have questions about flood insurance and if their home is at risk for flooding. Having the right flood insurance policy in place can save you from financial disaster if a flood does occur.

Research Your Location

Research your area to find out where nearby flood plains are. You can do this by going to FEMA.gov or by talking to your local zoning commission. Both will provide you detailed information about flood zones near your home and will help you to determine your potential risk of loss.

Buy Now! Once It Floods You’re Too Late!

Many times, people think of buying flood insurance after they have been a victim. Sadly, if you’re already a victim, purchasing the insurance won’t help you until you have been flooded for a second time. The time to buy a flood insurance policy is when you buy your homeowners’ insurance. If you are ready to review your existing policy, make sure to ask your agent about adding flood insurance.

Not all residents of Selden, NY may need flood insurance. It’s important to learn how high your risk is so that you can get the coverage you need. Schedule an appointment with the agents of XL Brokerage Inc. to discuss your existing policy and any changes you would like to make. The time to add flood insurance is now before you actually need it.