The spring flood season is nearly here. Only a special flood insurance policy will cover your losses in the event of a flood or rising water.
Renters can also purchase the coverage to protect their valuables from flood damage.
Flood insurance for homeowners and businesses is available through a federal program and can be purchased from most insurance agents. Floods and flash floods occur within all 50 states. Almost everyone is vulnerable to floods, no matter where they live. In fact, the National Flood Insurance Program says that 1 out of 4 flood claims come from outside flood risk areas. You can obtain a flood insurance policy at anytime.