Flood and flash floods can occur at anytime anywhere. This includes the Charlotte Area, Lake Norman Area, Coasts, and Mountains. Roughly 25% of flood claims come from areas that are not considered “high risk”.
With recent hurricanes and flash flooding here in NC and in Texas, many homeowners found out the hard way that homeowners insurance does not cover damages caused by flooding. Almost 80% of Hurricane Harvey victims did not have flood insurance. Flooding is considered rising water, which is different than water damage caused by a leaky pipe.
Does your business need Flood Insurance?
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