Flood Insurance is an important policy to consider, especially since we live in a High Risk Flood Zone. We have experienced horrible, destructive floods, especially in the past few years. The damage and devastation was so terrible that many of us were shocked watching our own local news station and realizing it was not an action packed movie.
In El Paso County, there are about 5 areas that are considered High-Risk Zones.
Flood Insurance options for you:
- Preferred Risk Policy
- if you live in a low –> moderate flood risk area, a low-cost policy may be the best option for you
- you can personalize this policy with either coverage:
- building and contents
- contents only
- Standard Risk Policy
- for clients living in high-risk areas
- personalized options include:
- combined coverage
- building only
- contents only
Coverage for Flood Insurance is determined by the value of your home or business and the included contents.
What does my Flood Insurance Policy cover?
- Building Property Coverage
- Refrigerators, Stoves, Dishwashers
- Building and Foundation
- Electrical and Plumbing Systems
- Permanently Installed Carpeting over Unfinished Flooring
- Permanently Installed Paneling, Wallboard, Bookcases, and Cabinets
- Detached Garages, up to 10% of Building Property coverage
- Contents Coverage
- Personal Belongings
- Washers/Dryers
- Freezers
- Valuable Items, up to $2,500
- Portable Dishwashers
- Debris Removal
As my client, it is very important to me that you, your family, and your homes are protected. Please give my office a call if you have any questions or concerns at (719) 593-9916. It is quick and easy to apply for flood insurance. Ten to fifteen minutes is all it takes to have you covered and your home protected in case of a flood. All we need is your name, address and phone number.
***There is usually a 30 day waiting period before coverage goes into effect so don’t delay.***
National Flood Insurance Program – Top 10 facts for Consumers
As the spring season rolls in, let’s be mindful and proactive to prepare ourselves for the possibility of another flood sweeping through our streets.
Blessings,
Mark Olsen
(719) 593-9916
Sources:
ABC News Channel 13, KRDO.com, April 21, 2015, https://www.youtube.com/watch?v=0eePg9VM_Jw.
