Hurricane Irma: What you need to know about flood insurance

Hurricane Irma: What you need to know about flood insurance

A 2016 poll by the Insurance Information Institute (III) found that 12 percent of American homeowners had a flood insurance policy.

"If you have home insurance or even hurricane coverage, it does not cover flood".

"Not everyone understands the need for a separate flood policy", said LaHue.

The temporary changes were implemented to rush recovery money into the hands of NFIP policyholders, for fix and replacement of flood-damaged properties. The NFIP is managed by the Federal Emergency Management Agency (FEMA).

Volusia County Government is reminding residents that as part of being prepared for a storm, they should review their flood insurance policies.

Jonathan Pryce to star as Pope Francis in Netflix movie
The drama follows the successful HBO series "The Young Pope ", starring Jude Law, which told the story of Pius XIII's pontificate. Netflix has acquired a new feature film along with some star talent.

"Without flood insurance, our communities are unprotected and at risk, with devastating consequences to people and their lives, homes and businesses", Wells said.

"The premiums and all the rules are calculated based on flood maps that are typically 3-10 years old and which do not reflect climate change, so the flood risk is growing every year and the area that will be flooded is growing every year". That's why property owners need to be sure they have both hurricane and flood insurance - two distinct policies, says Brad Hubbard of National Flood Experts, a USA -based company that helps homeowners decide what kind of disaster insurance they need.

In the counties being under at least partial evacuation orders Wednesday (Collier, Broward, Monroe and Miami-Dade), where 1.3 million houses are estimated to be in flood hazard zones, the percentage is an even lower 34.3 percent.

The latest forecasts suggest Irma's most destructive winds could carve up much of Florida's priciest real estate, damaging properties from the Florida Keys through Jacksonville as it swirls north. If a tree falls, its your insurance- regardless of whose property it was on. As of June 30, the state had more than 20,000 private flood policies in effect.

However, a lender may require you to hold flood insurance at any time - even if the company is not legally mandated to do so, according to www.FloodSmart.gov.

Related Articles

  • VERIFY: Are airlines price gouging people flying out of Florida?

    VERIFY: Are airlines price gouging people flying out of Florida?

    JetBlue , American Airlines , and Delta have all announced capped prices, with JetBlue dropping rates down to $99 on some flights. Fort Lauderdale-Hollywood International Airport will suspend operations on Friday, wih the last flight departing at 7:45 p.m.
    Diego Costa Set for Fenerbahce Medical Ahead of Loan Move

    Diego Costa Set for Fenerbahce Medical Ahead of Loan Move

    Costa has scored 59 goals in 120 appearances for Chelsea , helping the Blues to two Premier League titles and a League Cup. The Chelsea striker has his heart set on a move to former club Atletico Madrid , when their transfer ban is lifted.
    Putin opposes tougher sanctions against N. Korea

    Putin opposes tougher sanctions against N. Korea

    Federica Mogherini says a demilitarization of the Korean Peninsula should be achieved peacefully through dialogue and diplomacy. Four launchers have arrived at Seongju military base despite opposition by residents and activists, Yonhap News reported.
  • Deadly, powerful quake  hits off Mexico; tsunami waves observed

    Deadly, powerful quake hits off Mexico; tsunami waves observed

    Strong earthquakes with an epicenter off the coast can trigger tsunamis, depending on the size and type of the fault movement. The quake triggered waves as high as 0.7 m in Mexico , the Pacific Tsunami Warning Centre said .
    Equifax says data breach possibly affected 143M consumers

    Equifax says data breach possibly affected 143M consumers

    Equifax has an online tool which allows you to check if your personal information has been compromised. The company is offering free identity theft protection and credit file monitoring to US consumers.
    Tottenham unveil plans for 'world first' retractable pitch for new stadium

    Tottenham unveil plans for 'world first' retractable pitch for new stadium

    We worked together", Levy said, "because it needed to be viewed as a combined joint soccer and National Football League stadium. To combat the wear and tear on the field, Spurs originally announced they would have two separate pitches for each game.
  • Thor: Ragnarok gets eight character posters

    Thor: Ragnarok gets eight character posters

    Aside from this exciting first for Marvel, there is plenty to look forward to in Thor: Ragnarok . I love how these close-ups lets us see the small details often missed in action-packed trailers.
    Judwaa 2 makers release Oonchi Hai Building song

    Judwaa 2 makers release Oonchi Hai Building song

    From sets to star cast, everything about this recreated song is new. " Judwaa 2 " is slated for a September 29 release. Now, in 2017, Varun Dhawan and daddy David Dhawan have appropriated the song again for Judwaa's remake, Judwaa 2 .
    Putin says no war to happen on Korean Peninsula

    Putin says no war to happen on Korean Peninsula

    "The build-up of some military atmosphere, of hysteria, is counter-productive, in my opinion". Sunday's test of what North Korea said was an advanced hydrogen bomb was its largest by far.
  • 5 fantasy football sleeper wide receivers for 2017 NFL season

    5 fantasy football sleeper wide receivers for 2017 NFL season

    This year I am going to share some my fantasy football knowledge with Voyager Media readersn at www.buglenewspapers.com. With so many question marks at receiver and quarterback, I foresee the Bears relying on Howard and the run game.

    Comerica Securities Inc. Has $2.10 Million Position in Altria Group (MO)

    Saba Capital Management L.P. holds 1.65% of its portfolio in Allianzgi NFJ Dividend int & Prm Stgy Fd for 1.29 million shares. BidaskClub upgraded shares of Altria Group from a "buy" rating to a "strong-buy" rating in a report on Wednesday, June 21st.
    Narendra Modi visits Shwedagon Pagoda in Myanmar

    Narendra Modi visits Shwedagon Pagoda in Myanmar

    He is also expected to talk up a trilateral highway project connecting India's north-east with Myanmar and Thailand. PM Modi pledged to intensify the two countries' relations in the fields of infrastructure, information and health.