If you currently reside in the state, then yes, you most likely need Florida flood insurance. Why? It’s predicted that catastrophic storms like Hurricane Irma and Harvey are likely going to be a continuing trend as the ocean waters warm. Moreover, flood maps confuse homeowners and they misunderstand the risks involved with forgoing flood insurance. […]
What Is the Cost of Flood Insurance in Florida?
We’ve had a wild ride in the past two months, and it looks like we could be facing more storms teeing up in the South Atlantic. At the moment, the 10 year lull between major storms seems less like a reprieve and more like Mother Nature’s “Gotcha, suckers!” There are some questions if Florida’s private […]
Florida Got Soaked in June, Many Without Flood Coverage
We told you so. The run up to summer turned out to be a case of good news/bad news. First, the good news – heavy rains doused drought conditions that contributed to over 2500 wildfires across the state. The bad news is still piling up. When early rain began to soak SoFlo in early June, […]
Miami Goes High as Flooding Increases
Flooding is not news to anyone who has lived in Miami for any length of time. Super moons, spring tides, storm tides, flooding from rainfall, and even just the odd high tide can push anywhere from a few inches to a foot or two of water into Miami streets and parking garages. Since 2006, the […]
Flood Damage vs. Water Damage: Why You Need a Flood Policy
When water damages your home, you typically don’t care where the water came from – you just want it fixed. Water damage whether it’s from a flood or other source left without remediation can lead to structural damage, mold, and rot. First, let’s define what conditions comprise a flood. The definition of a flood is […]
Above It All: Flood Insurance and Hi-Rises
Q: I’m just getting ready to close on a great condo that’s everything I ever wanted. It’s in an awesome neighborhood and the beach is right there when I walk out on the balcony. There’s also a very puzzling requirement that my lender has for a unit on the 16th floor. If there’s a flood […]
Making the Right Call When It Comes to Canceling Your Flood Insurance
There’s no denying that flood insurance can be a heavy financial burden for those living here in Florida. However, does this mean that you should go ahead and cancel your plan in the hopes of saving a few bucks here and there? To find the right answer to this tricky question, let’s take a look […]
Do You Really Need Flood Insurance If You Don’t Live In a Flood Zone?
During tough economic times, everyone’s looking to save a few bucks here and there, especially when it comes to major expenses like insurance. However, skimping on coverage is a quick way to find yourself in a pretty precarious position when disaster strikes. Sure, it might not seem like you need flood insurance, especially if you […]