Flood insurance? Third floor condo that's 30 ft above sea level located 500 ft from Florida Coast.? - flood insurance third floor
My apartment is on the third floor and the elevation of the investigation said that 30 meters above sea level. The first floor is 10 meters above sea level. The organization monitors the ownership structure, but not satisfied.
When I read has the NFIP is not for the damage caused by flooding from below.
Should I provide insurance against floods?
5 comments:
You do not have to buy a condo owners policy. This will be your personal property within the structure. Associations policy will usually cover the exterior of the building.
You're right. A standard contract or condominium owners policy does not pay for flooding.
You need to provide insurance against flood insurance purchase (through the NFIP) against flooding.
I tell you, the policy or not. Only you can decide what risks do you think is acceptable.
But, ask your insurance agent. Learn everything you can and then a decision which seems to do best for you too.
We can not tell you what to do. We can not say how much risk should be addressed.
You have an insurance against floods, perhaps there is another company that makes the content available. We also hope in this way when there are floods and floods your condo, then left with nothing.
Get a policy for renters, the farm state of the call or farmers. Flood Insurance in the building covered by the union to.
Check the tenant insurance. Your assets.
The housing complex is not necessary to save the contents of your hard drive. These include likely that your devices and paint on the walls, along the street. At 30 meters, you should not flood damage, except in the heaviest storms. Did you buy insurance against floods, make sure it includes "wind-water" - that is the storm surge from a hurricane.
His declaration of condominium and / or items that you may require in order to obtain certainty about the content. Even if you do not, you must obtain insurance from general content anyway, even if you believe that you never have to worry about a storm surge on. Who guarantees of your property in case of fire, a pipe rupture in the unity of his neighbor, and the flooding of his unit, etc. You'll probably get in a position to insurancenot the citizens, the State Insurance Company.
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