Flood Insurance?

As a grant researcher, I find that there is a lot of information (and grant programs too concerning those areas that have been hit by heavy rains, tornadoes, hurricanes, etc.,.....When these areas have been hard-hit they can usually be declared as disaster areas and therefore those areas will be eligible for financial aid from the government.

However, the first step always involves what kind of homeowner's insurance one has. The first step is always to see what kind of benefits (financial money) one is entitled to when they have been hard-hit by the weather.

Many people may think that they have flood insurance as part of their home insurance package but that is not always the case! You should check and make sure that your home is covered for flood damage! You don't want to have to wait until you actually get some kind of flood damage and then find out that you are not covered! Here is an excerpt from an online article:

"Only about 1 percent of homeowners outside designated floodplains purchase flood insurance. Home or business owners in flood-prone areas are usually required to purchase flood insurance before they can get a mortgage loan"......

So what should you do if you find out that you don't have flood insurance? You can purchase additional coverage ("rider" policy) to include with your regular homeowner's insurance policy.