Home and flood insurance is a mandatory investment, especially if you are living in a flood-prone area. For homes and offices near a water body or in an area prone to cyclones and thunderstorms, insurance provides much-needed protection. In case of a disaster, you can fall back upon the insurance to get things repaired or renovated without having to worry about how you will manage the losses.
Realizing the importance of flood insurance is as necessary as knowing from where to buy flood insurance, what is the cost, the cover provided by the insurance, does it fall under FEMA, etc. In this post, we try and cover some of the most pressing issues, homeowners in California face with regard to flood insurance.