Flood Insurance Massachusetts
Flood insurance coverage provides a measure of protection against the destruction attributable to floods. Please do not wait until it is too late as it takes 30 days in the majority of cases until it takes effect. Flood coverage provides protection to your home against losses caused by for example snow melts, storm surges, backed up drainage systems. Homeowners insurance typically won’t insure for floods.
If your home is in a high-risk areas, known as Special Flood Hazard Areas (SFHAs), flood insurance is required by federal law if a mortgage has been taken out with a federally charted bank.
If your home is located in an community that participates with the NFIP, its contents can be covered by a Standard Flood Insurance policy. The National Flood Insurance Program (*NFIP) is a Federal program that aids communities which voluntarily participate in the NFIP by adopting floodplain management ordinances to decrease future flood damage.
A low-cost preferred Risk Flood Policy might by needed if your home is in a low to moderate risk zone. While this insurance is not required in a lower risk area the particulars of your homes location might call for it for peace of mind to protect against minor flood damage to the house and contents.
To receive more coverage with better account service at competitive rates call Biggio Insurance at 617-846-8600, email us at services@biggioinsurance.com, Request a Quote or fill out our Contact Us Form.
