Fact: Floods are the number one national disaster in the United States
After Hurricanes Florence and Michael, numerous people are second guessing whether or not they think Flood Insurance is worth it. I am here to tell you….IT IS!
Everyone lives in a flood zone. The difference between zones is relative to risk. High risk areas are labeled A and V zones, while moderate-to-low risk areas are denoted as B, C, and X.
Unfortunately, the most common way that flood zones are differentiated is relative to the mandatory purchase of flood insurance via a mortgage transaction, i.e. if you take out a mortgage on a structure that is located in Zone A or V, flood insurance is going to be required. This is unfortunate for two reasons in that 1) property owners that lie just outside the Zone A or V go uninsured, and they end up representing one-third of those that receive disaster assistance, and 2) property owners without a note are not often educated as to their risk.
Just because you’re not required to pay flood insurance is not indicative of its need. Therefore, understanding where you are in relation to the nearest high-risk area is critical (floodsearch.com).
We, here in Myrtle Beach are in Flood Zone X.
Is obtaining flood insurance hard? Nope! Even though flood insurance is underwritten by the federal government, obtaining flood insurance is as easy to purchase as any other types of insurance.
Call us today to secure Flood Insurance and let us help you protect your home from the next natural disaster!