In the weeks since Hurricane Irene visited the East Coast, we've discussed what your insurance covers after a disaster, what you should know about filing a claim and even gave you insight into what the CEO of the Independent Insurance Agents and Brokers thinks of the situation. One thing we haven't discussed much, however, is the flooding that happened in the aftermath of Hurricane Irene.
Yesterday, The Wall Street Journal published an article online about the sudden interest in flood insurance. And if you saw the images of people rowing down their streets, it's hard to be surprised at that. But what is interesting is that people in landlocked states are inquiring as to flood insurance - Chubb Insurance, one of the companies that we work with, saw a 30% increase in flood inquiries and applications since late August.
While we were spared the severe rains and sudden flooding that storms Irene and Lee unleashed on the northeast, flooding is still a concern in the Pacific Northwest. Between snow-packed mountains, several rivers, and a wet winter, we face our share of flooding. That is why we feel it is important to remind our clients to consider flood insurance.
With the companies we work with for flood insurance, there is a 30-day waiting period for policies to take effect. Meaning that by the time your toes are wet and there's a dark gray cloud it's a little late. CALL US IF YOU ARE INTERESTED IN FLOOD INSURANCE! As we learned from our friends back East, rising rivers and urban flooding are risks. We are more than happy to chat with you about your options, your risk and what, exactly, flood insurance offers. Our goal is to make sure you have the best protection possible, and to educate you on what your coverages mean so you can make an informed decision. We are always able to share our knowledge and expertise, and offer advice. That's why you chose an Independent Insurance Agent, right?