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Important Points To Remember About Flood Insurance

With rainy weather in the forecast, some people might be thinking about flood insurance. It's important to remember that many home insurance policies don't cover flood damage.
Heavy rainfall in the Wabash Valley is causing flooding concerns. It may have you thinking about whether you need flood insurance.

Flood insurance is required for people who have a mortgage and live in a flood zone. If those people don't purchase flood insurance themselves, it might be tacked onto their mortgages.

That can end up costing homeowners a lot more than buying it themselves.

Another important thing to remember is that many home insurance policies don't include flood insurance.

If you do want to sign up for flood insurance, don't put it off. It's typically a longer process and involves more work than other insurance policies.
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