That means now is the best time to compare the cost of flood insurance and get it started! Moderate-to-Low Risk Typically, there’s a 30-day waiting period from the date of purchase before your policy goes into effect. However, you might want to discuss insuring your personal property with your agent, since contents coverage is optional. Costs vary depending on how much insurance is purchased, what it covers, and the property’s flood risk.Īll policy forms provide coverage for buildings and contents. However, over 80% of Floridians did not have flood insurance during Hurricane Irma.įlood insurance in Florida is available to homeowners, renters, condo owners/renters, and commercial owners/renters. Flood insurance is the best way to protect yourself from devastating financial loss. Over the past 10 years, the average flood claim has amounted to over $33,000. We have seen consumers paying over $20,000 for their flood insurance cost, and accurately adjust their premiums rates to under $500 per year.Īs we learned in Hurricane Irma just a few inches of water from a flood can cause tens of thousands of dollars in damage. HH Insurance is the leading agency for flood insurance solutions.
In 20, during the flood insurance renewal period, Jake was a consumer advocate working with Congressman Charlie Crist, State Senator Jeff Brandes and State Representative Ben Diamond to help protect Floridians. When the Biggert-Waters Act took effect in 2012, our President Jake Holehouse, was there fighting for consumer rate decreases and was featured in over 40 Tampa Bay Times articles and local news stories. The flood insurance market has changed significantly in the past couple years.
Leading SW Florida Flood Insurance Providers
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