Friday, May 25, 2007

Be aware that

Be aware that not every home can qualify for flood coverage. You might not be able to obtain flood insurance if your beach front or ocean-side property sits in an area prone to destructive hurricanes or thunderstorms.

When purchasing a flood policy, it is important to buy one as soon as possible, regardless of whether there is a flood looming on the horizon. You can purchase the insurance at any time, but the policy takes thirty days to go into effect; therefore, if you buy a policy immediately before a flood takes place, you are out of luck.

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