Here are six effective ways by which you are assured to save big on flood insurance without making any real compromises.

1. Do some shopping around

Many falsely believe that there’s only one type of flood insurance. Nothing could be further from the truth. If you shop around, you’ll find out that you have more options than you’d earlier thought. Although there primarily are two types of flood insurances, namely public and private, different insurance providers give you different quotes and coverage. Private insurance policies offer guaranteed protection, maximum coverage and are often backed by the state. You should consider a private flood insurance if you reside in an area that is deemed ‘high risk’. Now, on the other hand, public insurance policies are known to offer lower premiums incase of areas that are known to frequently have flooding issues as opposed to private insurance policies.

2. Reach out to an agent

It is highly advisable to have a reliable agent by your side who knows his trade. Someone who’s well versed in calamities such as floods for instance, to help you examine risks and uncertainties, that ensure you get the best possible coverage. Such agents can also help you get the best discounts on home and flood insurance, and help negotiate a better deal than say the current market rate.

3. Elevate your core appliances

Insurers will by default lower your premium if your utilities are placed well above the ground. To make the most of this, we highly recommended that you place your air conditioner, heating, plumbing, etc. on a raised surface. Thus, ensuring that the high-priced core appliances of the house are kept away from the surface, which is likely to get damaged by the flood.

4. Elevate the whole space.

This might cost you a fortune, but it surely does the job of drastically lowering the price of your premium and also protecting your house from potential flooding. Astonishingly, you can cut the premium in half by just elevating your home one by metre, above the ground.

5. Get your home dry flood-proof

This involves installing preventive features that help keep your house dry at all times. There are various steps that can be taken, but the most useful ones are sealants and barriers, which stop the excess water from seeping in, during floods. You should also seriously think about having a robust drainage system to help divert the water far away from your house.

6. Seek a grandfathered plan

If you live in a home that is presently deemed ‘low risk’ but later gradually turns into a ‘high-risk’ zone, know that it will spike the premium rates almost instantly. Even merely one flooding incident is enough to do this. So we suggest you ask your agent if he can grandfather you into your current premium, and also within your low-risk flood zone rating. By doing so your premiums won’t skyrocket with time, and even a flood arises, it remains the same.

Rais Insurance aims to educate people on the importance of flood insurance and break the myths so that you invest your money in the right policies, at the right time before it’s too late. Did you know even if an inch of water enters your living premises, the repair costs could easily go way beyond $25,000 or more! You don’t have to live in a flood-prone zone but rather heavy rainfall could lead to such issues especially in an era where global warming is of topmost concern.

Why do you need flood insurance?

Statistics show that more than 20 percent of the claims made by people are from non-flood zones. The average homeowners and renters insurance california cannot be held liable to cover damages caused by the flood. An added advantage is that even if your region faces minor floods and is not considered under Presidential Disaster Declaration, you are still eligible to make a claim to repair your house.

Above all, the biggest advantage of owning flood risk insurance is you can make claims up to $30,000 but there is no need to repay them whereas loans offered by the FEMA disaster grant or the government is at an average of $5,000 which should be repaid in installments.

Avail Insurance Policy from Rais Insurance

We are one of the best flood risk insurance companies with regard to policy framework and assistance. It is our job not only to get you the best quotes as per your needs but to educate you on why to choose a policy and how to choose one. With us, you can be assured our help will continue even after the policy is bought and in the process of claim, should the need arise.

Most individuals are not aware of the benefits:

• Depending on the policy, you may not be required to repay the sum paid by the insurance company.
• Grants provided by the government are loans that could further affect your economical budget plans.
• Claims can be made even when you don’t live in a flood zone and get officially declared by the government as a disaster area.
• Further boosts the value of your investment as the insurance policy can be availed for small home repairs caused by water.

Get in Touch With Us

Rais insurance is among the leading home and flood insurance company in California, with years of experience. Our team has the expertise to take on proactive measures to safeguard you against nature’s worst disasters.

Natural disasters do not come announced. When Hurricane Harvey hit the region and led to floods – only one of the six homeowners had flood insurance. Taking the insurance is a step to safeguard your home and future, as we are there to help you in every step of your journey.