How much Car Insurance coverage do I need in Freeport, NY?
According to www.floodsmart.gov, your home has a 26% chance of being damaged by a flood during the course of a 30-year mortgage, compared to a 9% chance of fire. If you live near Freeport, NY, you are susceptible to these damages. According to The National Flood Insurance Program, since 1978, the town of Freeport, NY has had 2,008 total flood insurance claims resulting in payments totalling $11,138,159.95. Most home insurance policies do not cover flood damages, so it is recommended that you inquire about the additional costs to make sure you are covered. Even if you live outside of a flood plain, you still may need flood insurance. Over 25% of flood insurance claims are made by individuals who live outside of these flooding zones.
