If you’re like most people, the only time you think about Gulf Shores flood insurance coverage is when a natural disaster occurs someplace else – to somebody else. While it’s only natural to have an “out of sight, out of mind” philosophy regarding your insurance coverage, recent events in Louisiana are enough to make us […]
Gulf Shores Flood Insurance: Does Everyone Need It?
Gulf Shores flood insurance is something some people might say is a waste of money, but floods are obviously quite common in low lying areas that are surrounded by water. In these areas, not having Gulf Shores flood insurance is like playing financial Russian Roulette in the event of a serious storm. Just look at […]
Flood Insurance For Gulf Shores Homes
Every year the same question about insurance rolls around about this time. "Do people really need flood insurance for Gulf Shores homes?" Consider this: Hurricane season in the Atlantic began June 1st and ends November 30th. The Eastern Pacific hurricane season began May 15th and also ends November 30th. Hurricanes don't just affect coastal homes, […]
Gulf Shores Flood Insurance Still Affordable, For Now
Gulf Shores flood insurance will still be affordable, at least for now, thanks to the Senate recently approving the Homeowner Flood Insurance Affordability Act to curb flood insurance rate hikes for homes and commercial properties. Gulf Shores Flood Insurance Remains Affordable Thanks to Senate Vote The Senate voted 72-22 to approve the House legislation in […]
Gulf Shores Flood Insurance – Should You Buy It?
A big question we hear asked quite often is, "do I need Gulf Shores flood insurance for my home if I'm not near a body of water?" Gulf Shores Flood Insurance – Most Don't Have Adequate Coverage One third of homes damaged by Hurricane Sandy weren't covered by insurance and most of those that were […]
Gulf Shores Homeowners Know They Need Flood Insurance
According to a survey by Bankrate.com, 81% of Gulf Shores homeowners know that a standard homeowners insurance policy doesn't cover flood damage, but a separate survey by the Insurance Information Institute found that only 13% of Gulf Shores homeowners had a flood insurance policy. The Federal Emergency Management Agency (FEMA) and its National Flood Insurance […]
Flood Insurance in Gulf Shores – Do You Really Need It?
Flood insurance in Gulf Shores is something some people might say is a waste of money, but floods are obviously quite common in low lying areas that are surrounded by water. In these areas, especially around Gulf Shores, not having flood insurance is like playing financial Russian Roulette in the event of a serious storm. […]