Archive for the ‘Flood Insurance’ Category

Does My Georgia Homeowners Insurance Policy Cover Floods?

Thursday, March 22nd, 2012



Flood insurance is available as a separate coverage and is not covered in your Georgia homeowners insurance policy. Flood insurance is only required to homeowners who live in a Special Flood Hazard Area (S.F.H.A.) or are in a high-risk flood zone. Is this still added coverage that needs to be considered even if you are in a low risk flood zone? Yes.

The Risk of Flooding is Greater Than You Think

Flooding is the second most common natural disaster in the United States, costing Americans an average of $4 Billion each year.

Costal properties are not the only homes affected. In fact, every home faces risk of floods, as we have recently experienced from severe storms.

You can measure your flood zone risk and calculate the likelihood of flood for your home, but every home faces chance of flooding.

26% of flood damage losses come from areas that are not deemed as in a flood zone.

Understanding the high risk of flooding and the fact a typical homeowners insurance policy excludes flood insurance coverage, we encourage you to consider adding flood insurance. Especially, if your house could be flooded by melting snow, an overflowing creek or pond, or water running down a steep hill.

Flood Season is Here, What Do I Need To Do To Protect My Home?

There are measures you can make around the home to protect from the likelihood of flood damage, including clearing out drainage, landscaping, and securing any outdoor belongings. These will only minimize your chance of damage and will not bring about restoration following a flood. The best measure to protect your home is to add flood insurance coverage.

There is a 30 day waiting period for your flood insurance policy to take effect, and this time of year bad weather is likely. We suggest you contact your independent insurance agency, and discuss the additional coverage options to protect your home.

In Conclusion

  • Flood insurance is an added coverage & we recommended all homeowners to talk with their insurance agent because all homes are at risk of flood.
  • Flood insurance coverage is not included in a homeowners insurance policy.
  • Flood insurance is affordable and when considering the damage floods can cause, flood insurance is a must. Even a small amount of water can cause great damage.
  • Excess flood insurance is also available. This additional coverage may be one you wish to have with one of our insurance agents as they advice you on your insurance needs.

Review your homeowners insurance policy to understand your coverage and know at Southern States Insurance we will gladly advise you on your insurance coverage to help you succeed.

5 Ways To Prevent and Minimize Water Damage in Your Home

Monday, February 27th, 2012



Maybe some science project back at school illustrated this point, but whether you have heard it or not it is no less true that "water travels the path of least resistance." This means water may travel through walls, ceilings, and often damages multiple levels/floors of a home, based on the path it chooses to take! Water damage is rarely a contained issue and can cover more than you would imagine! We had the opportunity to witness the damage water brings as we spent a day with Reliable Restoration restoring a home.

Water moves far and fast and the damage is invasive. According to the American Insurance Association, “Water damage claims have been growing faster than any other component of homeowners insurance.”

What To Know To Minimize Water Damage

  • Know where to shut off the water to your home - Your house valve is typically located outside, near the street either below ground with a cover or in a concrete box. It can also be located on the side or back of your home. This is important to know in case of any emergency to stop water flow.
  • Check and test the water valve - Once you have found the water shut off valve, test it. Be sure you are able to turn it. Many of them haven't been turned in some time and it may be best for you to use some lubricant or some tools. (May be wise to mark the valve incase you have to turn off water at night and it is hard to see)
  • Let faucets drip - during extremely cold weather if your water is still turned on. This will allow pressure to be released and water to move and can prevent pipes from busting.
  • Notice any spike in water bill - If your water bill seems abnormally high, check and inspect your home for potential water damage, as it may be a sign that you have a leak or water running you are not aware of, you can possibly prevent the damage from escalating and catch it early!
  • Occasionally check your pipes -Overtime pipes will become more prone to damage. It is suggested to occasionally check for cracks, rust, corrosion, or other signs of damage. It is much easier to prevent and catch it before a pipe bursts!

These tips won't save your life, but can possibly save you thousands of dollars and minimize the damage to your home. Being prepared and aware is the most important thing you can do!

In Conclusion:

As an independent insurance agency we believe we can help educate the public and our clients on mistakes we see and encounter to help you save money! Our insurance company believes together we can accomplish great things. When you're considering the best option for Georgia homeowners insurance, remember our passion to see you succeed.

Leaks can be slow and gradual, taking years to detect until significant property damage occurs, or there can be large leaks that quickly produce a variety of damaging results. Knowing these tips will help you minimize damage and feel safe and knowledgeable in your home. These tips are for water damage prevention, specifically dealing with pipes, we also have shared home flood insurance information if that is more applicable to your needs.

Flood Insurance 101

Monday, September 19th, 2011

Flooded HouseHere is a little flood insurance 101. Floods are the #1 natural disaster in the United States! The greatest misconception homeowners have is thinking that flood insurance is covered under their current homeowners insurance policy. It is NOT! Damage caused by a sewer backup can be covered under a homeowner’s policy, if the coverage is included or endorsed on the policy, only if it is not a direct result of flooding. The NFIP definition of flood is: A general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at least one of which is the policyholder’s property) from one of the following:

  • Overflow if inland or tidal waters
  • Unusual and rapid accumulation or runoff of surface waters from any source
  • Mudflow
  • Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood as defined above.

When Am I Required To Have Flood Insurance?

Everyone lives in a flood zone, but what are the factors that require a homeowner to maintain flood insurance? If you live in a (SFHA) Special Flood Hazard Area or high-risk area and have a Federally backed mortgage, the mortgage lenders require you to have flood insurance. Although, flood insurance is not federally required if you live in a moderate-to-low risk flood area, homeowners are eligible to purchase flood insurance as long as their community participates in the National Flood Insurance Program, for a reasonable cost.

What Factors Affect Flood Insurance Rates?

Anyone can be financially devastated by a flood, but homeowners can help protect their home and contents by purchasing a flood policy. Flood insurance can be purchased through most leading insurance companies, the rates are set and do not differ from company to company or agent to agent. Rates depend on several factors including:
  • Year of construction
  • Building occupancy
  • Number of floors
  • Location of contents
  • Flood zone determination
  • The location of the lowest floor in relation to the elevation requirement of the flood map (in newer buildings only)
  • The deductible you choose and the amount of building and contents coverage
Ask the hard hitting question, “Am I Covered, If……”, and help protect yourself against flood loss. Contact me today at TJohnston@SouthernStatesInsurance.com or call me at (678) 715-0312.

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Is My House In A Flood Zone?

Thursday, October 7th, 2010

Now would be a good time to find out if your house is in a flood zone and do a quick flood insurance check. With all the crazy weather the Southeast has experienced over the last couple of years (drought, flooding, creeping back into drought again), it's not a bad idea to know for sure if you need flood insurance.  Both Georgia and Tennessee have had historic flooding in the past year alone!  While coastal cities from Pensacola to Destin to Miami, Florida are regularly threatened with floods as a result of hurricanes.

What many people don't realize, however, is that a typical Home Insurance policy excludes loss due to flood.  If that last sentence sent you scrambling to find out whether your house is in a flood zone or not, don't worry.  There's a free website called FreeFlood.net that can help you answer that question with just a few clicks in less than 30 seconds.

What should you do if you discover that your house is in a flood zone?

  1. Check your insurance documents to see if you have a Flood Insurance policy.
  2. If you're not sure, call your insurance agent to find out.
  3. If you don't have a Flood Insurance policy and your home is in a flood zone, consider cutting back your Starbucks intake and use the extra money you save to buy a Flood Insurance policy.
  4. Learn more about flood insurance and call us at 888-800-4824 with any questions.

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