Floods cause billions of dollars in damage every year. It is hard to believe that only 1 inch of water in your home can set you back as much as $25,000. Imagine if it is a foot or more? When you buy home or renters insurance, you may think you have taken care of your flood danger, but that is not true. Neither of these types of insurance covers you for flood damage. That is a pretty scary thought. At Atrium Insurance Group in Centennial, CO, we have been in business for more than 30 years, and our high-quality professional staff places our customers first.
In simple terms, these days, everyone who lives in a municipality that has adopted the NFIP flood plan should be purchasing flood insurance. The National Flood Insurance Plan has come up with plans to help communities adapt and enforce floodplains management to lessen the chances of a devastating flood. Communities that enroll in this program are encouraged to go beyond the basic regulations that FEMA provides. This leads to safer communities.
If you decide to purchase flood insurance, you can buy it through one of the authorized carriers or NFIP Direct. It is sold in two parts, one that covers the structure and one of the contents. Both offer valuable protection to homeowners and renters. Businesses can also purchase flood insurance. Because a federal agency manages this program, the rates are the same no matter which carrier you choose. Your premium is determined by how much of a risk you are. This allows you to choose a carrier that you know offers excellent service.
At Atrium Insurance Group in Centennial, CO, we can offer our customers an excellent selection of flood insurance carriers because we are independent agents. We represent some of the finest carriers in the business. To make an appointment to discuss your flood insurance need, give us a call or stop at our office.