Despite Florida’s history with hurricanes and other severe weather, a recent survey found that only 18% of Florida homes are covered by flood insurance. That figure suggests the need to address common flood insurance mistakes by those with and without proper coverage, and our Americas Insurance Associates team stands ready to assist with the insurance needs of Florida residents.<\/p>\n
While there is a long list of flood insurance mistakes to avoid, we will focus on four common issues that can severely affect Florida home and condo owners.<\/p>\n
#1 No Flood Insurance<\/strong>. Some people mistakenly believe their home and condo policies cover flood damage. They do not. In addition, people whose homes are not in severe flood zones often skip flood insurance, yet many other areas can flood. Also, many flood zone maps are outdated and do not account for new construction and climatic changes.<\/p>\n #2 Relying on Federal Disaster Assistance<\/strong>. These funds apply only to disasters designated by the President. They do not apply to localized events and cap out at $41,000 per household.<\/p>\n #3 Being Underinsured<\/strong>. Increased housing prices or improper valuations can lead even those with flood insurance to undervalue their property. In addition, flood insurance does not cover pools, landscaping, docks, motor vehicles, and other assets that need separate protection.<\/p>\n #4 Lack of Documentation<\/strong>. Flood claims are based on the damage compared to pre-existing conditions, so homeowners should regularly document their belongings and home conditions using a smartphone or similar device.<\/p>\n Avoiding these mistakes will be helpful if misfortune affects your home and community.<\/p>\n Americas Insurance Associates proudly serves Florida homeowners and provides for flood and other insurance needs. Call us or stop by today to discuss your flood insurance options.<\/p>\n","protected":false},"excerpt":{"rendered":" Despite Florida’s history with hurricanes and other severe weather, a recent survey found that only 18% of Florida homes are covered by flood insurance. That figure suggests the need to address common flood insurance mistakes by those with and without proper coverage, and our Americas Insurance Associates team stands ready to assist with the insurance […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[13,12],"class_list":["post-48","post","type-post","status-publish","format-standard","hentry","category-flood-insurance","tag-americas-insurance-associates","tag-florida"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\tWorking with Americas Insurance Associates<\/h3>\n