In recent years, the increasing frequency and intensity of floods have highlighted the necessity of comprehensive flood insurance coverage. While government-backed flood insurance programs like the National Flood Insurance Program (NFIP) exist in many countries, private flood insurance has emerged as an alternative option for property owners seeking protection against flood-related losses. While private flood […]
Tag Archives: Policy Exclusions
14
Mar
Mar
Flood insurance is a vital financial tool for homeowners and renters living in flood-prone areas, protecting against the devastating financial losses caused by floods. However, there is often confusion surrounding the extent of coverage provided by flood insurance policies, particularly when it comes to damage caused by burst pipes and water intrusion. In this article, […]