|
|
Article: FACT SHEET: NATIONAL FLOOD INSURANCE PROGRAM
- Article from:
- US Fed News Service, Including US State News
- Article date:
- July 20, 2006
CopyrightCopyright © HT Media Ltd. All Rights Reserved. Provided by ProQuest LLC. (Hide copyright information)
|
The U.S. Department of Homeland Security's Federal Emergency Management Agency issued the following fact sheet:
Here are some facts to should know about flood insurance:
* Homeowners, business owners and renters all can purchase flood insurance as long as their community participates in the NFIP.
* Residents do not have to live in a floodplain to buy flood insurance. In fact, more than 25 percent of flood insurance claims come from medium or low-risk flood areas.
* Flood insurance is available from any licensed insurance agent, or through NFIP by calling 1-800-427-4661.
* There is a 30-day waiting period from the time the premium is paid until the time the policy becomes effective.
...