With the company’s latest resource, readers can learn four crucial benefits of having flood insurance. The report covers oft-overlooked facts about such plans, helping people further appreciate their value.
More information about BRZ Insurance’s write-up is available via https://brzinsurance.com/understanding-flood-insurance
This newly published material was shared in light of the recent flooding caused by Hurricane Ida. It aims to protect people against the financial ramifications of property damage and loss due to deluges.
According to research, Massachusetts’ sea level has risen eight inches since 1950, making the state more susceptible to flooding. Indeed, it is estimated that flood mitigation is costing the local government at least $1 billion.
Given the cost of repairing or rebuilding a home following a deluge, it is better to have a separate flood protection policy. As the report notes, such coverage is not included in standard home insurance plans, leaving many homeowners vulnerable. This gap is especially concerning since a typical claim after a flooding event can reach $30,000.
Moreover, the resource notes that the Federal Emergency Management Agency (FEMA) might actually require homeowners to get flood insurance if they live in low-lying areas. The brokerage also reminds people to get a policy as soon as possible since coverage takes at least 30 days to be activated. Should a calamity occur before the plan takes effect, homeowners may be forced to shoulder large repair bills.
Prospective customers can request a no-obligation premium estimate through the broker’s website. They simply need to provide preliminary details about their property, after which a quote will be generated.
About BRZ Insurance
BRZ Insurance believes that getting a policy should be a simple and straightforward process. As such, it strives to provide easy-to-understand explanations for all plans so clients can make better-informed decisions. In addition to flood coverage plans, the broker also offers life, auto, homeowners, renters, and umbrella insurance packages.
A spokesperson says: “We are an insurance company made by people for people. A community that speaks the same language, by people who care about your future. Here you can find all the protection and care that a home should offer.”
Interested parties may visit https://brzinsurance.com/understanding-flood-insurance if they wish to read the full report.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Times of Chennai journalist was involved in the writing and production of this article.