Daytona Beach based Sherzer & Associates wants locals to carry flood insurance whether they are in a designated flood zone or not. Sherzer is also reminding all home owners that flood insurance is not included in your standard home insurance policy.
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Daytona Beach based Sherzer & Associates wants locals to carry flood insurance whether they are in a designated flood zone or not. Flood insurance denotes the specific insurance coverage against property loss from flooding.
Jim Allender, owner of Sherzer & Associates states:”If you live in Florida you should have flood insurance. Remember that 25% of flood claims happen in X zones or outside of the mandatory flood zones. Flood insurance is not included in your standard home insurance policy.”
According to FEMA, there are important facts that homeowners need to be aware of in regards to flood insurance such as that residents do not have to live in a floodplain to buy flood insurance. In fact, more than 25 percent of flood insurance claims come from medium or low-risk flood areas.
Further, compared to a fire, people in floodplains are four times more likely to have a flood during their 30-year mortgage.
As we are getting towards the height of hurricane season 2018 another important fact is that there is a 30-day waiting period from the time the premium is paid until the time the policy becomes effective.
Thus, Sherzer Insurance invites its customers to call and verify that flood insurance is in place and the policy is bound at the right amount. Any Sherzer insurance agent can further let you know if your home is in a designated flood zone as the flood zones have changes within the last few years. Whether the home is in a flood zone or not, will influence the price of flood insurance but either way Sherzer Insurancesuggests flood insurance coverage.
Sherzer & Associates was founded in 1979 and serves its community by providing Homeowners Insurance, flood insurance, auto insurance and commercial insurance. Sherzer & Associates is known for its deep connection with the community, customer service, variety of insurance providers and technological know-how.
Contact Info:
Name: James Allender
Organization: Sherzer & Associates
Address: 2305 S Ridgewood Ave, South Daytona, Florida 32119, United States
Phone: +1-386-788-3500
For more information, please visit http://sherzerinsurance.com
Source: PressCable
Release ID: 388608
