{"id":28,"date":"2021-06-21T04:00:00","date_gmt":"2021-06-21T10:00:00","guid":{"rendered":"https:\/\/www.alancaster.com\/blog\/?p=28"},"modified":"2021-06-21T11:42:38","modified_gmt":"2021-06-21T17:42:38","slug":"flood-insurance-explained","status":"publish","type":"post","link":"https:\/\/www.alancaster.com\/blog\/flood-insurance-explained\/","title":{"rendered":"Flood Insurance Explained"},"content":{"rendered":"

While home insurance for your Memphis, TN home covers you against perils like theft, vandalism, fire, and numerous natural calamities, it won’t cover you when floods strike. The only way you can protect your home from floods is by purchasing flood insurance from Anthony Lancaster Insurance Inc. <\/span><\/span><\/span><\/p>\n

If you are new to flood insurance, keep reading as we elaborate on all you need to know about this coverage.<\/span><\/span><\/span><\/p>\n

Can anyone buy flood insurance?<\/span><\/strong><\/span><\/span><\/p>\n

There are no restrictions as to who can buy flood insurance. In fact, since all homes are at risk of flood damage, every homeowner should consider flood insurance. You don’t believe all homes are at risk of flood damage? According to FEMA, residents living in areas not regarded as flood-risk account for about 20 percent of all flood insurance claims! Of course, this rate could even be higher if more people have flood insurance. <\/span><\/span><\/span><\/p>\n

What does flood insurance cover?<\/span><\/strong><\/span><\/span><\/p>\n

Typically, flood insurance covers the dwelling and contents of your building. The building coverage protects your electrical and plumbing system, air conditioning, water heaters, foundation, permanently fixed carpets, and fixed wall cabinets. <\/span><\/span><\/span><\/p>\n

The contents coverage protects personal assets like clothing, furniture, electronics, curtains, jewelry (limited coverage), and other personal assets.<\/span><\/span><\/span><\/p>\n

What is the flood insurance coverage amount?<\/span><\/strong><\/span><\/span><\/p>\n

If you buy flood insurance through the National Flood Insurance Program (NFIP), you get a dwelling coverage of up to $250,000 and contents coverage with a limit of $100,000. However, you can increase your limits by purchasing flood insurance from private carriers. <\/span><\/span><\/span><\/p>\n

Typically. NFIP flood insurance coverage requires 30 days to take effect. However, you can reduce the waiting period if you purchase your flood insurance through private insurance companies. <\/span><\/span><\/span><\/p>\n

Buy flood insurance in Memphis, TN today!<\/span><\/strong><\/span><\/span><\/p>\n

While the federal government might declare floods in your area a natural disaster (and provide grants), this isn’t always the case. But even when they do, the federal assistance is a loan that you are required to pay back! For this reason, you need flood insurance from Anthony Lancaster Insurance Inc. to protect your home and for peace of mind.<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

While home insurance for your Memphis, TN home covers you against perils like theft, vandalism, fire, and numerous natural calamities, it won’t cover you when floods strike. The only way you can protect your home from floods is by purchasing flood insurance from Anthony Lancaster Insurance Inc.  If you are new to flood insurance, keep […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[12,10],"class_list":["post-28","post","type-post","status-publish","format-standard","hentry","category-flood-insurance","tag-anthony-lancaster-insurance-inc-2","tag-memphis-tn"],"_links":{"self":[{"href":"https:\/\/www.alancaster.com\/blog\/wp-json\/wp\/v2\/posts\/28","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alancaster.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alancaster.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alancaster.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alancaster.com\/blog\/wp-json\/wp\/v2\/comments?post=28"}],"version-history":[{"count":1,"href":"https:\/\/www.alancaster.com\/blog\/wp-json\/wp\/v2\/posts\/28\/revisions"}],"predecessor-version":[{"id":29,"href":"https:\/\/www.alancaster.com\/blog\/wp-json\/wp\/v2\/posts\/28\/revisions\/29"}],"wp:attachment":[{"href":"https:\/\/www.alancaster.com\/blog\/wp-json\/wp\/v2\/media?parent=28"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alancaster.com\/blog\/wp-json\/wp\/v2\/categories?post=28"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alancaster.com\/blog\/wp-json\/wp\/v2\/tags?post=28"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}