Since Hurricane Sandy there has been a lot of publicity about flood insurance, house raising and the risk of future storms. Sadly, there is a lot of misinformation about the subject of flood insurance. First, let's clear up a few of the misconceptions:
Flood insurance is still available on Long Beach Island
Every home on Long Beach Island DOES NOT need to be raised
Flood insurance is very affordable and there are some inexpensive ways to less the cost of a flood insurance policy
Every situation is different and we are here to help you understand flood insurance and how it relates to the LBI real estate market. Contact us today and we can go over the specifics of any home or just give you some general information to help you understand how flood insurance works!
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Everyone. And, by law, anyone in a participating community of the National Flood Insurance Program (NFIP) can buy flood insurance.
Backed by the U.S Government, flood insurance is available in more than 19,000 communities across America. The NFIP provides coverage for damage to structures and contents from flooding, flood-related erosion, and flood-caused mudslides not covered under most property policies.
A National Flood Insurance Flood policy can protect your home or business.
Check Your Risk for Flooding and whether Flood Insurance is required by Law on the FEMA website.