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Benefits of Flood Insurance
Buying flood insurance is the best thing you can do to protect your home, business, family, and financial security from a flood.

When you are a flood insurance policyholder:
  • Flood insurance compensates you for all covered losses.
  • Coverage is relatively inexpensive.
  • You can depend on being reimbursed for flood damages, even if the President does not declare a Federal Disaster.
  • You do not have to repay a loan, as you might have to with many federal disaster relief packages. Your covered losses are paid in full.
  • You can count on your claim being paid in the event of a flood loss because NFIP flood insurance is backed by the federal government.
  • Your agent can help you handle your claim quickly, so that you will not have to put your life on hold if your property is damaged by a flood. You can even request a partial payment immediately after the flood, which can help you recover even faster.


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Source: "Why Buy Flood Insurance?" Hernando County Government. Date Accessed: 24 September 2008.

Page Last Updated: 9/29/08 13:15

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