Tuesday, September 27, 2016|Home|Features|News|Schools & Sports|Community Bulletins|Opinion  
Obituaries|Activities|Classifieds|Contact Us|Business News|Outdoors|Sheriff's report|Business Directory|   
 Latest Cashmere, Washington, weather

Leavenworth Properties

Blewett pass
Snoqualmie Pass report
Stevens pass
Subscriber Login:
Last Name:
Subscriber Number:
 

home : business news : business

12/18/2012 4:06:00 PM Email this articlePrint this article 
Kreidler stresses importance of flood insurance

Submitted by Rich Roesler

Homeowners and businesses in flood-prone areas should make sure they have adequate flood coverage, Insurance Commissioner Mike Kreidler said.

"Standard homeowners or business policies do not cover flooding," said Kreidler. "It's tragic when people don't discover that until it's too late."

The federally-run National Flood Insurance Program (www.floodsmart.gov) is the first stop for most people seeking flood coverage. The program was created by Congress in 1968. It offers flood insurance to homeowners, renters and business owners in communities that have taken certain steps to help reduce the risk of flooding. There is a 30-day waiting period for most policies, so it's important not to delay.

Many insurance agents offer National Flood Insurance Program policies. The average NFIP policy costs about $600 a year.

"Renters should also strongly consider flood coverage for their belongings," Kreidler said. "That coverage, which starts at $49 a year, is inexpensive. Replacing your stuff is not."

Mortgage lenders in flood-prone areas typically require flood coverage. But homeowners often later let that coverage lapse.

The National Flood Insurance Program website has online tools to estimate the flood risk at a particular address, as well as damage estimates from different flood levels.





Article Comment Submission Form
Please feel free to submit your comments.

Article comments are not posted immediately to the Web site. Each submission must be approved by the Web site editor, who may edit content for appropriateness. There may be a delay of 24-48 hours for any submission while the web site editor reviews and approves it.

Note: All information on this form is required. Your telephone number is for our use only, and will not be attached to your comment.
Name:
Telephone:
E-mail:
Passcode: This form will not send your comment unless you copy exactly the passcode seen below into the text field. This is an anti-spam device to help reduce the automated email spam coming through this form.

Please copy the passcode exactly
- it is case sensitive.
Message:
   
Cashmere Valley Bank-online


All content copyright 2007-2016 NCW Media Inc.
Software © 1998-2016 1up! Software, All Rights Reserved