Understand Flood Insurance Before Catastrophe Strikes

Flooding is one of the most common natural disasters in the United States. Unfortunately, homeowners’ insurance policies do not include flood damage. But that doesn’t mean that you should stay without any protection against flooding. You need to purchase flood insurance to protect your assets.

If you’re buying a new home, first find out if the area is prone to flooding. The National Flood Insurance Program has more information on the most affected areas.

However, even if you don’t live in the most flood-prone areas there is a chance you may experience some loss due to flooding. In fact, about 20 percent of flood claims come from areas with the lowest risk of flooding.

That means you need to prepare in advance in case floods strike. You’ll need to get the best flooding and adequate coverage. If you need flooding insurance quotes in Mt. Ephraim NJ, Marino Agency Inc. is here to help you understand what you need to do before catastrophe strikes.

Facts About Flooding Insurance

Before you purchase flood insurance, the following are some things you should know.

  1. You need to secure a different coverage apart from your homeowners’ insurance. Only a particular flood insurance policy can safeguard your property against flood damage.
  2. In most cases, you need to buy flood insurance from an insurer under contract with FEMA since flood insurance is a preserve of the federal government.
  3. You need separate coverages for your structure and personal belongings. While the building is covered under replacement cost, personal items are only secured through cash value.
  4. Your car is not covered by flood insurance. You’ll need to get its protection under comprehensive auto insurance.

Buy Flood Insurance

Before you purchase a flood insurance policy, you need to understand what it covers exactly. Adequate protection means you live risk-free from dangers posed by floods.

Do you have any questions regarding flood insurance in Mt. Ephraim, NJ. Our Marino Agency Inc. professionals are ready to help you with answers. You can then make an informed decision about buying flood insurance.

Coverage Options for Motorcycle Insurance

Whether you ride your motorcycle to work or enjoy taking it out for your weekend rides around El Centro, CA, finding the right coverage will be essential to keep it protected at all times. To help you navigate the world of motorcycle policies, take a look at some options by Armorcrest Insurance Services.

Liability Insurance

Liability insurance falls under the state’s compulsory policies and will come in handy in paying for property damages caused during an accident and bodily injuries to other people. Property damage extends to the repairs and costs of replacement to other motorists’ vehicles along with the destruction of structures. On the other hand, Bodily injury coverage covers medical expenses and lost wages claims after other parties experience significant injuries.  

Medical Payments Policy

This second coverage provides protection to you when you get injured in an accident. It covers costs related to medical bills and examinations arising from bodily injury. In addition to paying for your hospital bills, your passengers are also covered by the medical payments policy.

Collision Coverage

When you get into an impact crash with another motorist or hit objects during your drives, collision coverage will take care of damages resulting from these incidents.

Comprehensive Coverage

Comprehensive coverage pays for damages resulting from a non-collision accident. These include destruction from hail, fire, and vandalism. Theft is also included under this coverage which helps you get back to your former position.

Uninsured/Underinsured Coverage

While riding without minimum liability coverage is generally advised against, you may occasionally get into an accident with motorists without any protection. When this happens, uninsured coverage will take care of any injuries that you or your passengers sustain and any property damage that you experience. If you also encounter an underinsured motorist, underinsured coverage helps take care of your medical expenses and property damage.

Before setting out on your next adventure, consider giving Armorcrest Insurance Services a call. We understand the motorcycle policies are never a one-size-fits-all; that is why we provide tailor-made coverage options suited to El Centro, CA riders.