BRZ releases 4 facts about Flood Insurance and flood zones in Massachusetts. You can find further information at https://brzinsurance.com/home-quote/?lob=35
Ahead of the launch of its new flood insurance line, BRZ Insurance is making public 4 as yet unreleased facts about Flood Insurance, which fans and consumers within the personal and commercial flood insurance space will find interesting.
The Four items include nuggets such as how:
1 - Flood damage is not covered under homeowners insurance
Around half of homeowners believe that flood damage is covered under the typical homeowner's insurance policy. Unfortunately, this is not the case. In order to prevent putting yourself at risk, you have to purchase a flood insurance policy separate from the insurance policy that you already have.
2 - You may be required to get flood insurance
Considering that 20% of flood damage occurs in low to mid-risk areas, purchasing flood insurance is a good idea regardless of where you reside, but it is absolutely essential to have a flood insurance policy if you live in an area that FEMA deems high-risk. For more information about this, check out our article on high-risk flood zones in Massachusetts.
3 - Typical flood damage is costly
Following a flooding event, the average claimed filed by a flood insurance holder averages around $30,000. In fact, even just a single inch of flooding can cost a homeowner or business owner over $20,000.
4 - You shouldn’t wait
Even if you’re convinced that you should buy flood insurance, it’s easy to feel like it’s something you can put off without worry. However, it’s important to note that most policies take 30 days to go into effect, so waiting until the last minute can end up costing you.
The idea for creating Flood Insurance came about after We want to bring knowledge about flood insurance, especially for those people who live in MA flood zones.
We have been researching the best flood insurance carriers in the US for 4 years now and had a team of 20 flood insurance specialists working on it, which is within flood insurance companies' industry standards. This goes to show it's possible to have affordable flood insurance rates while still having great coverage and protect your property.
BRZ Insurance got its start when Founder Tiago Prado noticed a growing need for cheap flood insurance and flood insurance requirements. With Over 15 years of prior experience in the Personal and commercial insurance world, Tiago Prado decided to go ahead and start in 2017.
Tiago Prado is quoted saying: "I like to do things to connect with our consumers and customers. Things like finding out if is my property in a flood zone and what is the best solution aiming not only for flood insurance prices but in the best flood insurance coverage for you, and releasing these little factoids ahead of the Flood Insurance launch are what make a difference."
You can request a flood insurance quote online. To find out more, visit https://brzinsurance.com/home-quote/?lob=35
For more facts and further information about BRZ Insurance, this can be discovered at https://brzinsurance.com/
