Considering flood insurance during hurricane season

GREENVILLE, N.C. (WNCT) — “Flood insurance is peace of mind and if that will give you piece of mind knowing that you may be taken care of,” said Gayle Bailey, office manager at State Farm. “And if you have damages that they will be covered, then you need to go ahead and buy it for the future.”

This peace of mind can insure your piece of land is protected and this coverage is for anybody who wants it.

“I’ve seen over the years,” said Bailey. “Those places that were In the minimal flood areas, have actually flooded. And people have needed flood insurance.”

So when asking yourself if you should be thinking about it, you too are in a flood plain. Every piece of land is drawn out and marked whether you will have minimal flood risk or heavy flood risk.

“Go ahead and purchase it as soon as you can,” said Bailey. “If you’re concerned about it because there is a 30 day waiting period and at least you’ll know in 30 days if your coverage will begin. So many of them [people] are saying well I’ll just wait. I’m not going to do it right now, which is not a good thing. You’re still going to worry about it when the next storm comes.”

State Farm says although flood insurance can be pricey, usually averaging $400 a year paid in a lump sum, the price is flexible based on certain criteria.

“What makes it vary is the level of your home or the elevation of your home,” said Bailey. “Possibly the age of the home, whether or not it was built with flood maps being in place or if it was built after.”

Although Irma didn’t leave us with rising waters, you should still consider getting flood insurance now.

“Just like with the Texas storm,” said Bailey. “There were so many people who didn’t have flood insurance, and that’s just proved positive the fact that even though you might not be in a high risk area, that you can suffer flood damage. And it’s something that really truthfully everyone needs to think about.”

WNCT-TV 9 On Your Side provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s