Date: 2008-08-12
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The National Flood Insurance Program (NFIP) is one of the few sources of insurance for flood-prone communities that include millions of American homes and businesses. The program of the Federal Emergency Management Agency deserves recognition for NFIP insurance being the great bargain that it is.
(Media-Newswire.com) - The National Flood Insurance Program (NFIP) is one of the few sources of insurance for flood-prone communities that include millions of American homes and businesses. The program of the Federal Emergency Management Agency deserves recognition for NFIP insurance being the great bargain that it is.
A Few Reasons to Buy Flood Insurance Now:
Flood insurance compensates you for all covered flood-related losses to your home or business after your deductible is met.
You can depend on being reimbursed for flood damages because NFIP flood insurance is backed by the federal government, even if the President does not declare a federal disaster.
Coverage is affordable.
When you make a claim, you become eligible for additional benefits to elevate, strengthen or move your building.
Renters can purchase flood insurance contents coverage for their personal belongings or business inventory.
Basement coverage includes cleanup expense and items such as furnaces, water heaters, and utility connections.
You can request a partial payment immediately after the flood, which can help you recover even faster.
Buying flood insurance is the best thing you can do to protect your home and business, and your family’s financial security from a flood.
Remember there is a 30-day waiting period before flood insurance becomes effective, so don’t delay buying a policy.
To contact a flood insurance agent serving your area, go to: www.floodsmart.gov
FEMA coordinates the federal government’s role in preparing for, preventing, mitigating the effects of, responding to, and recovering from all domestic disasters, whether natural or man-made, including acts of terror.