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HB 1049: Requires disclosing information to home buyers such as whether the properties have hadflood damageand notification that homeowners' insurance policies don't include coverage for flood damage. HB 1235: Makes a series of changes related to sexual offenders and sexual predators, including changi...
Bankrate's insurance editorial team, which includes licensed agents with real-world experience, has put together this guide to help you make informed decisions about flood insurance. Bankrate insight Floods are the most common natural disaster in the U.S., and just one inch of water can cause ...
Jose Mata, who works for Sebanda Insurance, emphasized the importance of flood insurance in Florida. "If you don't have flood insurance, that could be a pretty penny," he said, noting that flood insurance is a separate policy provided either through private insurers or the National Flood Ins...
The article reports on an increase in demand for flood insurance among U.S. homeowners in the aftermath of storms Irene and Lee in 2011, along with some information on the limitations of a federal flood insurance policy.ANDRIOTISANNAMARIA
I'm not surprised. Most homeowners don't buy flood insurance for several reasons; they don't know it exists, they think their standard home policy adequately covers their home, they can't afford it, or they believe their home is in a place that is not ever likely to be in the...
"Flood insurance can also benefit businesses by helping them mitigate potential losses and maintain continuity during and after flooding events. Business owners can protect their assets, inventory, and infrastructure, ensuring minimal disruption to operations and preserving their livelihoods. Wit...
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The insurance company maintains that they do not pay for flood damage. Many of these types of cases - based upon definitions and impacts - are difficult to resolve. Persons who buy property in areas that might experience hurricanes should learn about the types of hazards that come with these ...
Homeowners insurance covers losses and damage to an owner's residence, furnishings, and other possessions, as well as providing liability protection..