Mike Petruccelli says up to $500,000 of coverage is available for non residential buildings.
Up to $500,000 of coverage is available for the contents of non residential buildings.
Mike Petruccelli says up to $100,000 contents coverage is available for homeowners and renters.
Weather you rent or own your home or business, make sure to ask your insurance agent about contents coverage. It is not automatically included with the building coverage.
Mike Petruccelli says you can buy NFIP flood insurance from private insurance companies and agents; call yours today!
You may be able to purchase flood insurance with a credit card.
Mike says, the average flood insurance policy costs a little more than $300 a year for about $100,000 of coverage.
In comparison, a disaster home loan can cost you more then $300 a month for $50,000 over 18.5 years.
Mike Petruccelli says the Preffered Risk Policy is available for just over $100 a year.
Also, you can buy up to $250,000 of coverage for your home and $60,000 of coverage for your contents.
Mike Petruccelli says it doestn matter wether you flood risk is high, medium, or low, you can buy flood insurance as long as your community participates int he National Flood Insurance Program. And, its a good idea to buy even in low or moderate risk areas: between 25 and 30 percent of all flood insurance claims come from low- to moderate-risk areas.
Mike Petruccelli says you can protect you home, business, and belongings with flood insurance from thr National Flood Insurance Program. You can insure you home with flood insurance for up to $250,000 for the building and $100,000 for your contents.
Mike Petruccelli says you dont need to live near water to be flooded. Also floods are caused by storms, melting snow, hurricans, and water backup sue to inadequate or overloaded drainage systems, dam or levee failure, etc.