Ameriflood offers a 12% rebate on flood insurance provided by NFIP

11 Jun 2010 @ 7:42 AM

Ameriflood offers a 12% rebate on flood insurance provided by NFIP

Climate change is a reality. Flooding is a major factor in climate change. Each year flooding events exact billions of dollars in property damage. A recent example of this trend is the May, 2010 flooding of Nashville, Tennessee. The Nashville flood cost over a billion dollars in damages.

Not all flooding victims are the same. The first type of flood victim is one who does not have insurance, the second type do have insurance. The ones who have flood insurance are protected and can recover. For a commercial property owner not having flood insurance is taking a gamble. When sudden, massive flooding strikes many commercial properties are simply destroyed. The costs of maintaining flood insurance for a commercial property owner are nothing compared to the benefits of being covered in the event of a flooding event.

One common misconception is that homeowner’s insurance covers floods, it does not. How much does flood insurance cost?. To calculate the premium for flood insurance there are a number of variables that must be taken into account. These variables include amount of coverage purchased, location and age of building, design and elevation among other factors.

Ameriflood is a very popular flood insurance provider. Ameriflood insurance is popular because it offers, in most cases a 12% rebate on your premium. Does flood insurance become effective immediately?. Typically it takes 30 days for the insurance to kick in. Contact Ameriflood to find out how you can save 12% off your flood insurance.