{"id":736,"date":"2016-08-22T11:38:38","date_gmt":"2016-08-22T11:38:38","guid":{"rendered":"https:\/\/pablobeach.shapiroinsurancegroup.com\/?p=736"},"modified":"2022-07-01T14:12:26","modified_gmt":"2022-07-01T14:12:26","slug":"floods-happen-dont-get-caught-without-coverage","status":"publish","type":"post","link":"https:\/\/pablobeach.shapiroinsurancegroup.com\/floods-happen-dont-get-caught-without-coverage\/","title":{"rendered":"Floods Happen \u2014 Don’t Get Caught Without Coverage!"},"content":{"rendered":"

 <\/p>\n

The number one natural disaster in the U.S., floods can happen anywhere at any time. Living in Florida, you are likely well informed of the need for wind, hail, and hurricane coverage, but what about flood?<\/p>\n

“Wait, you mean flood isn’t covered under my homeowner’s policy?!”<\/strong><\/em><\/h2>\n

We hear that statement frequently. It’s true. Most\u00a0homeowners policies do not cover flood<\/a><\/strong>. Tower Hill’s Private Flood Program offers a\u00a0solution, especially for coastal county homes with a building replacement of $250,000 or more.<\/p>\n

This program is newly available for\u00a0Dwelling Fire (DP3)<\/strong>\u00a0risks which are tenant occupied \u2014 in addition to Homeowners (HO3) or Imperial Shield risks \u2014 located within coastal counties. The 5% premium credit will be applied to the flood policy premium for customers purchasing an HO3 or Imperial Shield policy through a Tower Hill company. Shortly, the credit will also be available for DP3 customers.<\/p>\n

The peril of flood is generally excluded under the standard homeowner policy, so it’s important to\u00a0speak with your local insurance agent about coverage gaps<\/a><\/strong>. Flooding is caused by not only storms and hurricanes, but water backup due to inadequate or overloaded drainage systems, as well as broken water mains.<\/p>\n

Program Specifics<\/h2>\n

Tower Hill’s Private Flood Program offers considerable advantages versus the standard NFIP policy with limits of $250,000.<\/p>\n