Floods are the number one disaster in the country. If you’ve lived along the Gulf Coast of Texas for any length of time you have likely witnessed first-hand the devastating effects of severe thunderstorms, tropical storms and hurricanes that can pop up suddenly and bring extended rainfall. Even more inland, drought-prone areas can experience flash flooding when the ground becomes dense and dry. Protecting yourself and your home from flooding is an important and affordable insurance expense, and can save you thousands of dollars should a flooding situation arise.
The National Flood Insurance Program (NFIP) requires that those homes and buildings in high-risk flood areas have flood insurance. These areas have a 1% or greater chance of flooding in any given year, which is equivalent to a 26% chance of flooding during a 30-year mortgage. If you are not in a high-risk flood area, you are not required to have flood insurance, though we highly recommend it!
Using our 60 years of experience within the Texas Gulf Coast region, we can assist in determining what your flood risks are and include that within your personal insurance plan.