Contrary to popular belief, standard homeowners’ insurance policies do not include flood insurance. For homeowners in or near Port Jervis, NY, investing in a separate flood insurance policy is always recommended to protect your home from heavy rainfall, storm surges, and more. At the Worthington Carroll Agency, we work with clients who are thinking of investing in flood insurance but are unsure of where to begin.
Understand Your Flood Risk
You’ll want to first better understand your home’s vulnerability when it comes to flooding. Assessing your home’s vulnerability is possible by checking FEMA’s Flood Map Service while considering your location, elevation, drainage issues, and your proximity to lakes, rivers, or the coast. You can also review past storm patterns and recent flood history to determine if you’re located in a high-risk area.
Compare Private vs. NFIP Flood Insurance
One of the most popular methods of obtaining flood insurance is to do so via FEMA’s, NFIP, or National Flood Insurance Program. However, it is also possible to obtain flood insurance via a private insurer. NFIP solutions offers standardized coverage limits up to $250,000 for buildings and $100,000 for contents. If you want to increase the amount of coverage you have, it’s possible to do so by working with a private insurer. Private insurers offer increased coverage limits and add-ons that can cover temporary living expenses and even basement contents protection.
Whether you’ve just recently moved to Port Jervis, NY, or if you’ve lived here your entire life, working together with the right insurance agency can make all the difference when selecting a flood insurance policy that is right for you. If you’re in need of flood insurance or you want to learn more about your existing policies, we can help. For your consultation, contact the Worthington Carroll Agency for more information today.
