Why Do I Need Flood Insurance in Florida?
Introduction: Is Your Florida Home Ready for the Next Big Storm? Hurricane Milton’s devastating floods in 2024 left thousands of Florida homeowners grappling with millions in uninsured losses. From Tampa’s overwhelmed drainage systems to Orlando’s inland flooding, the message is clear: floods don’t discriminate by zip code. In Florida, where 1 in 5 homes faces […]
Flood Insurance Options for Florida Property Owners
Living in Florida, you’re aware of the constant threat of floods. Part 1 of this series explained why – the state’s low elevation, proximity to water, and frequent severe weather make most areas susceptible to 100-year flood events. Part 2 covered key concepts like Base Flood Elevation (BFE), freeboard, and elevation certificates. Now, let’s explore […]
Fortify Your Home: A Homeowner’s Guide to Flood Mitigation in the Florida Panhandle
A 3-part primer on flood insurance in Florida Part 1: Why do I need Flood Insurance in Florida Part 2: This article focused on flood mitigation Part 3: Coming soon The Florida Panhandle is no stranger to Mother Nature’s fury, with hurricanes often making landfall and leaving a trail of destruction in their wake. For […]
When is Flood Insurance Required?
Florida Flood Insurance Requirements We are seeing the effects of the passage of 2022 Senate Bill 2A. The most obvious is that many Citizens’ policyholders must purchase flood insurance. Effective March 1st, flood insurance is no longer an option for homes valued at $600,000 or higher! The value drops $100,000 annually through 2026; in 2027, […]
Do I need flood insurance?
Do I need flood insurance? A flood insurance primer. Hurricane Ian, as many of you may already know, caused significant devastation across the state of Florida, bringing about extensive flooding from the location of its landfall close to Fort Myers, all the way up to Orlando and even reaching Jacksonville. The aftermath of such a […]
Is Flood Insurance Important in Florida?
Why is Flood Insurance Important in Florida? “For the nation’s insurance companies, the August 2005 landfall of Hurricane Katrina, and subsequent flooding caused thousands to flee their homes, is shaping up to be the costliest domestic natural disaster in U.S. history. Robert Hartwig, chief economist at the Insurance Information Institute, said Hurricane Katrina could force […]