Do You Need Flood Insurance For Your Home?

Do You Need Flood Insurance For Your Home?

According to the Federal Emergency Management Agency (FEMA),Do You Need Flood Insurance For Your Home? floods are the most common disaster, and the most expensive. U.S. homeowners experience millions of dollars worth of floor-related losses every year. Floods can stem from rainstorms, hurricanes, melting snow, failed dams and levees, blocked storm drainage systems. The National Flood Insurance Program’s (NFIP) goal is to the lessen the effect of flooding on private and public buildings and homes by providing affordable insurance to property and home owners, renters, and businesses and by encouraging communities to adopt and enforce floodplain management regulations. Learn more about flood insurance and if you need it for your home, click here.

If you are thinking about moving into a new home or want to refinance your current home, reach out to one of our local mortgage planners at Fairway Independent Mortgage of the Carolinas. We are truly interested in providing a mortgage experience that will set the stage for your financial future. Our goal each day is simple – help people do better in life. Let us change the way that you think about mortgages.

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