Flood insurance is increasingly important, considering that the climate seems to be less predictable than ever. Ellis Insurance Agency, serving San Antonio, TX, offers flood insurance any time of the year; there’s no need to wait for a special flood insurance enrollment period.
Here are four times when you should consider this important investment:
1. You Hold Business Inventory
Flood insurance isn’t just for homeowners. It’s also available for commercial buildings, such as warehouses and distribution centers. If you hold business inventory inside a separate building, you should definitely buy flood insurance to cover that premises. There’s no reason you should risk your business to flooding.
2. You Live in a Low-Lying Area
Even if your property isn’t technically in a flood zone, you should consider flood insurance if it’s in a low-lying area. Freak rainfall and flash floods can occur almost anywhere, including in arid climates like San Antonio. Valleys and other low-lying areas are particularly susceptible to these weather events.
3. Following Certain Regional Environmental Changes
If there have been recent changes in your local environment, such as new construction, deforestation, or changes in nearby water systems, these can actually alter water runoff patterns and increase your flood risk.
4. If Flooding Has Occurred in the Past
It pays to research the historical records of both flooding in the area and flooding in your property. The previous owners may be able to tell you if your property has flooded in the past, but local town hall records might be more accurate and reliable. In any case, past flooding can be an indicator of future risk.
Call Today To Discuss Your Options
For help assessing your need for flood insurance, contact your insurance professionals at Ellis Insurance Agency serving San Antonio, TX. We look forward to serving your needs.
