Comments on: Homeowner’s Insurance vs. Natural Disaster Insurance

By: EFX Moderator, EM

EFX Moderator, EM — Mon, 04 Mar 2013 18:07:56 +0000

That’s a great point. It’s important to act quickly so the damage doesn’t get any worse. Thanks for sharing.

By: Kalal0kibad

Kalal0kibad — Sun, 03 Mar 2013 18:51:22 +0000

The initial water damage from a flood is just the first step in what could become an even larger disaster. With every second that water is left on the property mold is gaining a stronger foothold. Floors and walls can only take so much saturation, and it won’t be long before they are deemed too unstable to continue to support the building. You must act quickly while water damage recovery is still an option.

By: screwed and not liking it

screwed and not liking it — Wed, 25 Jul 2012 07:56:01 +0000

That’s not always true!! For several years after I bought my home I was considered in a low risk flood zone being my property abutted a city park that has a small creek going thru the middle of it. This year I was informed by my insurance company that my low risk flood zone has been changed by FEMA to a High risk flood zone increasing my flood insurance bill from $333.00 to over $1,700 a year!! Don’t always rely on FEMA to zone your house in the proper type zone (it then takes a lot of money and time to correct their screw up), then again they probably change it to increase the amount of money they take in for their insurance payment from suckers like me!!