Not every insurance policy will cover all instances of water damage, which is why extra coverage is so important.
New York Has an Above Average Flood Risk
Hamlin, Robert & Ridgeway, Ltd. has been doing business in New York for over 20 years. We know how great it is to live in this state, but we're also aware of the drawbacks. An above-average risk of flooding translates to higher insurance rates, and many homeowners policies won't even cover significant flood damage. One of our agents will go over your risks and concerns to come up with a detailed plan that helps boost your existing coverage. Depending on your risk factor and where you live, your flood insurance options. From either the National Flood Insurance Program (NFIP) or the Preferred Risk Flood Insurance.
Natural disasters have a considerable effect on New York's home insurance costs. The cost of homeowners insurance doesn't have to weigh you down if you live in a high-risk area. Flood insurance will strengthen your policy and give you peace of mind, while bundling insurance options may even reduce your rates. The most important thing is to be confident that your home is protected.