Facts on Flood Insurance Kissimmee / Orlando
April 6th, 2011
AAA Agent Tony Rangel Central Florida Insurance ( Metro Orlando / Kissimmee ) 204 West Oak St, Kissimmee, FL 407-494-5867 www.agenttony.com FACT: Most homeowners, condominium unit owners, renters, and businesses in NFIP participating communities can purchase flood insurance. To find out if your community participates, go to www.floodsmart.gov. The maximum coverage amounts are: * Homeowners and condominum unit owners: up to 0000 in structural coverage and up to 0000 in contents coverage * Renters: up to 0000 in contents coverage * Businesses: up to 0000 in commercial structural coverage and up to 0000 in contents coverage Myth: You can’t buy flood insurance if you are located in a high-flood-risk area. FACT: You can buy National Flood Insurance no matter where you live, as long as your community participates in the NFIP. The NFIP was created in 1968 to make federally backed flood insurance available to property owners, renters, and businesses in eligible communities. Myth: If you live in a low-flood-risk area, you don’t need flood insurance. FACT: All areas are susceptible to flooding, although to varying degrees. If you live in a low-to-moderate flood risk area, it is advisable to have flood insurance. Between 20 and 25 percent of the NFIP’s claims come from outside high-flood-risk areas. Residential and commercial property owners located in low-to-moderate risk areas should ask their agents if they are eligible for the Preferred Risk Policy, which provides …
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