Posts made in September 2017

Protect Yourself with Flood Insurance

We’ve seen the devastating effects of Hurricane Harvey. Entire towns, homes and belongings completely demolished. With those images fresh in our minds, and Hurricane Irma set to make landfall in Florida in the coming days, these natural disasters are a reminder of the importance of flood insurance.

For some, flood insurance protects them from the rare occurrence of flash flooding and rainwater runoff, but for the millions that live in a beach town or near the ocean and must regularly face hurricanes and their deadly after-effects, flood insurance is a life-line.

No, insurance can’t replace the history inside your home or treasured family photos or heirlooms, but it can give you aid when the only option left is to start over and rebuild. For those in need the National Flood Insurance Program enables property owners to purchase insurance protection, administered by the government, against losses from flooding. This insurance is designed to provide an insurance alternative to disaster assistance to meet the escalating costs of repairing damage to buildings and their contents caused by floods. The majority of the homes insured under this program, not coincidentally, live in Texas and Florida.

However, this is a policy that needs to be in effect in advance, with a typical 30-day wait period. So it’s not a quick option when an emergency is on the way. In additional to Nation Flood Insurance program, homeowners should carry traditional flood insurance.  Flooding caused by rainwater is generally covered by homeowners insurance, while flooding caused by rising waters is not. As we’ve seen with Houston, you don’t have to live in a flood zone to get serious damage.

Are you asking yourself if your home should be protected by flood insurance? Contact our team of experienced individual insurance agents who can help you through the process of obtaining flood insurance in Seffner, Fl and get you the policy that’s right for you.

Protect Your Belongings with Renters Insurance

As a homeowner, your house and the possessions inside are protected under your homeowner’s insurance policy – monetarily speaking anyway. If you own a home you must be insured, which gives you peace of mind should there be a fire, theft, etc. But what happens to your belongings – furniture, clothes, jewelry – when you rent an apartment?

Renters insurance provides similar benefits to homeowners insurance, in that your belongings are covered in the event of fire, theft and vandalism. Because in reality, the landlord’s insurance will only cover what the landlord owns, such as the land and the physical structures. Their policy won’t cover your belongings.

If the major appliances in your rental home – washer/dryer, refrigerator, stove – are yours, you don’t want anything to happen to them. Your renter’s insurance will protect these investments, as well as other items such as furnishings.

Not every landlord requires their tenant to obtain renters insurance, but it’s a wise investment none-the-less. Surely, as a tenant, you were asked to sign a contract stating that all damage to the interior of the residence was your responsibility. Renters insurance covers you against minor accidents to the home.

Additionally, as a renter, there is the option to also include liability coverage for the rental property. This would ensure that if someone were injured in your apartment, should they sue you, your liability coverage portion of your renter’s insurance would foot the bill.

Peace of mind is worth the investment to protect yourself from unforeseen circumstances, like someone falling and hurting themselves, fire damage, or theft. Fearnow Insurance, Inc. can help you find the right renters insurance in Seffner, FL. Contact our independent insurance agents today for more information.