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Tag Archive 'flood insurance'

Springtime brings warmer weather, but also brings conditions such as fast melting snow combined with severe storms and heavy rainfall that increase flood risk. Just a steady rainfall can cause rivers, lakes or other bodies of water to overflow their banks, threatening the communities near them. In fact, you don’t even have to be near [...]

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The extensive damage caused by the water-main break in Dundalk last week has lead to many coverage questions and potentially erroneous interpretations. Normally this type of loss should be considered a flood, and in order for there to be coverage there must be a Flood Policy in effect.  This was confirmed by the Maryland Insurance [...]

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Check Coverage Now, Warns I.I.I.; 30-day Waiting Period Before Flood Insurance Takes Effect Do you think that just because you don’t live in a flood zone that you don’t need flood insurance? According to a recent study, many people exposed to the risk of flood damage fail to purchase flood insurance. “When it comes to [...]

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