Flood Insurance

Services for Real Estate Pros with Paul Murphy Insurance Agency, Inc.

What is a flood?  In simple terms a flood is an excess of water on land that
is normally dry.  Officially the defininition used by the National Flood
Program a flood is a temporary condition of partial or complete inundation
of 2 or more acres of normally dry land.  (At least one which is your
property).  Is this covered on your homeowners policy?  NO.  Can you buy
coverage?  YES.  You can purchase a flood insurance policy.

Get educated!  Important Facts about Flood Insurance
Flood inusrance is available...just because your bank doesn't require it or
you may not think you are in a flood zone affordable coverage is available
for you.   Flood insurance is NOT a replacement cost policy.  Unlike your
homeowners policy flood insurance does not pay more than the policy limit.
(Maximum 250,000).  Flood insurance is NOT a valued policy...that means it
pays just the actual cash value of the actual damages up to the policy
limit.  Contents coverage must be purchased seperately with it's own limit
and is not included in the main limit of the policy.  To help you understand
more about your flood policy CALL today and talk to us!  Our team of
educated professional can answer all of your questions about your flood
policy.  Don't wait for it to keep raining.

Alexis S. Nuzzo
Personal Account Representative
Home &  Auto Insurance
Paul T. Murphy Insurance Agency
16 Lebanon St, Malden MA 02148
781-324-4253 (fax)


Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Shanna Hall 04/03/2010 06:38 PM
ActiveRain Community
flood insurance
home insurance
water damage
insurance agency
water in house

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Jody Lautenbach
Century 21 Premier Associates - Pella, IA

Great information with spring flooding on the way.

Mar 30, 2010 06:13 AM #1
Shanna Hall
Real Estate Solutions - Kirkwood, MO
I love selling houses!!!St. Louis, MO 314-703-1311

Great info!  I will be re-blogging this!  Many people don't even know about flood insurance.  And then when I explain that it is about $100.00 a month they really don't care until I tell them the difference in the amount they could spend for that difference...

Mar 30, 2010 06:23 AM #2
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