FLOOD INSURANCE

At JayFernando Financial we offer a wide range of flood coverage to address your insurance needs, regardless of whether you own or rent a home, mobile home, condominium, townhouse or apartment.

  Flood damage is not covered by homeowners policies.
  You can protect your home, business, and belongings with flood insurance -- up to $250,000 for the building and $100,000 for contents.

  Everyone lives in a flood zone.
  You don't need to live near water to be flooded. Floods are caused by storms, melting snow, hurricanes, and water backup due to inadequate or overloaded drainage systems.

  You can buy flood insurance no matter what your flood risk is.
  You can buy flood insurance as long as your community participates in the National Flood Insurance Program. Flood insurance is a good buy even in low or moderate risk areas. Almost 25 percent of all flood insurance claims come from low- to moderate-risk areas.

  What does flood insurance cover?
  Flood insurance policies come in three different forms depending on what type of building you're insuring.
    Single-family and two- to four-family homes fall under the Dwelling policy.
   Apartments and businesses fall under the General Property policy.
   Condominiums fall under the "Residential Condominium Building Association Policy" or RCBAP.

  All three of these policies cover flooding caused by any of the following:
   Overflow of inland or tidal waters
   Unusual and rapid accumulation or runoff of surface waters from any source, such as heavy rainfall
   Rivers of mud caused by flooding

“Flood damage is not covered by homeowners policy. Everyone lives in a flood zone.”
-Jayal Fernando