Many homeowners are unaware that their home insurance does not cover flood damage. Flood insurance is the best way to protect yourself from a flood loss. Here are a few facts about floods:
Flood insurance is administered by the National Flood Insurance Program (NFIP), which is sponsored by the Federal Government. Flood insurance is available for condo owners and renters.
If you own a condo or rent your home, you should still consider flood insurance to protect your belongings.