{"id":203,"date":"2021-02-28T15:23:03","date_gmt":"2021-02-28T21:23:03","guid":{"rendered":"https:\/\/www.needaquotenow.com\/blog\/?p=203"},"modified":"2021-03-01T15:23:31","modified_gmt":"2021-03-01T21:23:31","slug":"4-common-myths-about-flood-insurance","status":"publish","type":"post","link":"https:\/\/www.freeland-insurance.com\/blog\/4-common-myths-about-flood-insurance\/","title":{"rendered":"4 Common Myths About Flood Insurance"},"content":{"rendered":"\n

4 Common Myths About Flood Insurance<\/h1>\n\n\n\n

Floods are the most common and most expensive natural disasters in Oklahoma City, OK. They can destroy properties worth billions in minutes. The good news?<\/p>\n\n\n\n

You can always buy flood insurance that helps protect your home, commercial property, and personal belongings, but before then, you need to be adequately informed about flood insurance. At Freeland Insurance, we will help you distinguish between myths and facts about flood insurance.<\/p>\n\n\n\n

#myth 1: Homeowners insurance covers floods<\/h2>\n\n\n\n

Many people buy home insurance and assume that all water damage is covered in the policy. Flood water damage is not covered by home insurance but under flood insurance. However, the water damage that is not directly caused by floods, like leaking pipes or broken taps, home insurance can help cover the damage or loss.<\/p>\n\n\n\n

#myth 2: You don\u2019t need flood insurance if you live in a low-risk flood area<\/h2>\n\n\n\n

You should never underestimate flood damage in Oklahoma City, OK. Freeland Insurance experts advise everyone to have flood insurance even if their area is marked as a low-risk area. The Federal Emergency management agency FEMA reported that 20 percent of flood insurance claims come from properties in low or moderate-risk areas.<\/p>\n\n\n\n

#myth 3: It’s best to buy flood insurance during the rainy season<\/h2>\n\n\n\n

Some people wait until water levels start to increase and rush to buy flood insurance. If you wait, you stand to lose as flood insurance matures after 30 days from the date of purchase.<\/p>\n\n\n\n

# myth 4:  Flood maps don\u2019t change<\/h2>\n\n\n\n

Flood maps change due to many reasons, such as community growth and expansion. New buildings, changes in drainages, and weather conditions. It\u2019s always a good idea to check the map every few years to determine how your area is marked.<\/p>\n\n\n\n

Please don\u2019t wait till they strike your home to buy flood insurance. Let Freeland Insurance help you find a policy that puts your interests first. Feel free to call us or drop by for a little chat about your policy.<\/p>\n","protected":false},"excerpt":{"rendered":"

4 Common Myths About Flood Insurance Floods are the most common and most expensive natural disasters in Oklahoma City, OK. They can destroy properties worth billions in minutes. The good news? You can always buy flood insurance that helps protect your home, commercial property, and personal belongings, but before then, you need to be adequately […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[10,8],"class_list":["post-203","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-freeland-insurance","tag-oklahoma-city-ok"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t