Typically, there is a 30-day waiting period before flood policies take effect.
With less than a month until the official start of the 2013 Atlantic hurricane season on June 1, the Federal Emergency Management Agency is urging residents and businesses to prepare for the risks associated with hurricanes and tropical storms.
Individuals, families and businesses are encouraged to have a communications plan or kit with essential items needed after a disaster. To learn how to prepare, visit ready.gov/hurricanes.
Property owners should also meet with their insurance agents to review their insurance—including flood insurance—to ensure they have adequate coverage in the event of a storm. Typically, there’s a 30-day waiting period from date of purchasing flood insurance before the flood policy goes into effect. That means now is the best time to buy flood insurance.
Everyone is at risk of flooding. Is your agency ready to offer flood to all your property clients?
Big “I” Flood is ready to help with coverage in, above or outside of the NFIP. Visit the Big “I” Flood website for more information on Big “I” company partners and the association’s expertise, or call 800-221-7917 or email Big “I” Flood.
Andrew McElhannon is the Member Services Coordinator for the Independent Insurance Agents of Georgia www.iiag.org, and can be contacted at: firstname.lastname@example.org or b y phone at 770-458-0093, x.110, or 800-878-6487.