11 Sep Flood Damage Insurance

In the world we are living it seems that floods are being seen more and more often.  This makes many insurance companies run for the hills when it comes to covering properties especially in coastal areas…  Flood damage insurance is a pretty big debacle in the insurance world right now.  As more and more claims are paid out, more and more homeowners and businesses are dropped because of this type of damage.  Floods can amount to varying degrees of destruction and cause all types of problems for cities and states.

As flooding becomes more prevalent we will see more and more insurance carriers drop coverage for flood damage and not be willing to offer any type of coverage.  When floods have caused damages to a business or a homeowner and they have had to file a claim, they pretty much are unable to obtain any type of insurance for this.  How does somebody that is wanting to be insured for this most heinous of disasters find this type of coverage?  Many insurance companies have offered all types of reasons for not being willing to cover this type of damage.  The house was too high value, the claims history is too much, the insurance history isn’t long enough, the tenant hasn’t dwelt in the location long enough, and a plethora of other reasons.  It is very clear though that insurance carriers are becoming very reluctant to offer this type of insurance.  How does somebody that is wanting to be insured for this most heinous of disasters find this type of coverage?

Here at Evolution Insurance Brokers we can not only offer insurance coverage for flood damage but many other types of insurance that you may have been denied for in the past.  We are willing to cover any homeowner, business, vacant property, or any other type of property for this insurance regardless of claims history, insurance history, time spent at location, vacancy, or any other reason that has been given to you in the past for not offering coverage.  If you have run into this problem and are not finding flood damage insurance, give me a call and I can help you get a quote within 24 hours of receiving your application.