{"id":66,"date":"2021-07-29T04:00:00","date_gmt":"2021-07-29T10:00:00","guid":{"rendered":"https:\/\/www.aciaonline.com\/blog\/?p=66"},"modified":"2021-07-31T13:22:56","modified_gmt":"2021-07-31T19:22:56","slug":"top-myths-about-flood-insurance","status":"publish","type":"post","link":"https:\/\/www.aciaonline.com\/blog\/top-myths-about-flood-insurance\/","title":{"rendered":"Top myths about flood insurance"},"content":{"rendered":"

As most <\/span><\/span><\/span>Palm Coast, FL <\/span><\/span><\/span><\/span>residents know, it is critical to carry flood insurance to protect against financial loss. However, many myths surrounding flood insurance can leave people with no coverage or not enough coverage. <\/span><\/span><\/span>All Counties Insurance Agency & Traffic School agents <\/span><\/span><\/span><\/span>have put together the top myths about flood insurance. <\/span><\/span><\/span><\/p>\n

My homeowners’ insurance covers flooding.<\/strong> <\/span><\/span><\/span><\/p>\n

So many people make this mistake due to their homeowners’ policy providing coverage for water damage. However, the coverage for water damage only covers events like a burst pipe and not damage caused by a flood. Therefore, if you want flood insurance, you must purchase it separately. <\/span><\/span><\/span><\/p>\n

I do not need coverage because my lender does not require it. <\/span><\/span><\/span><\/strong><\/p>\n

Banks typically only require that flood insurance be carried as a condition of the loan if the home is located in a certain flood zone. However, just because you are not in a flood zone does not mean you are immune from flooding. Flooding is becoming more and more common and can happen anywhere. <\/span><\/span><\/span><\/p>\n

I can wait for a big storm to come and purchase it right before <\/span><\/span><\/span><\/strong><\/p>\n

Waiting to purchase a flood policy until you know of a storm that could cause flooding is another big mistake homeowners make. Most insurance carriers have a 30-day waiting period to avoid this type of scenario. If you think you may need flood insurance, you should purchase it now. <\/span><\/span><\/span><\/p>\n

The flood insurance I purchase through the federal government is enough coverage.<\/strong> <\/span><\/span><\/span><\/p>\n

The federal flood insurance program only offers coverage up to $250,000. If your home is worth more than that, it is important to consider additional limits to protect you fully in the event of a flood. <\/span><\/span><\/span><\/p>\n

If you would like to learn more about flood insurance, reach out to an agent at <\/span><\/span><\/span>All Counties Insurance Agency & Traffic School <\/span><\/span><\/span><\/span>today. We proudly serve the <\/span><\/span><\/span>Palm Coast, FL <\/span><\/span><\/span><\/span>area. <\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

As most Palm Coast, FL residents know, it is critical to carry flood insurance to protect against financial loss. However, many myths surrounding flood insurance can leave people with no coverage or not enough coverage. All Counties Insurance Agency & Traffic School agents have put together the top myths about flood insurance.  My homeowners’ insurance covers flooding.  […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6,5],"class_list":["post-66","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-all-counties-insurance-agency-traffic-school","tag-palm-coast-fl"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.aciaonline.com\/blog\/wp-json\/wp\/v2\/posts\/66","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aciaonline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aciaonline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aciaonline.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aciaonline.com\/blog\/wp-json\/wp\/v2\/comments?post=66"}],"version-history":[{"count":1,"href":"https:\/\/www.aciaonline.com\/blog\/wp-json\/wp\/v2\/posts\/66\/revisions"}],"predecessor-version":[{"id":67,"href":"https:\/\/www.aciaonline.com\/blog\/wp-json\/wp\/v2\/posts\/66\/revisions\/67"}],"wp:attachment":[{"href":"https:\/\/www.aciaonline.com\/blog\/wp-json\/wp\/v2\/media?parent=66"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aciaonline.com\/blog\/wp-json\/wp\/v2\/categories?post=66"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aciaonline.com\/blog\/wp-json\/wp\/v2\/tags?post=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}