Condo Association Insurance – Flood

Flood is a temporary condition of excess water on land that is usually dry. Flood insurance helps to protect Condo Associations from a direct physical loss caused by flood.A flood can occur whether your condominium association is in a flood zone or outside of a flood zone. A flood occurs when water occupies an area that it would not typically occupy for a temporary amount of time. An Ormond Beach flood insurance policy will cover you against any damages to your physical property, the building, and its foundation because of a flood. Flood insurance is always a good idea to have, no matter if the area you are located in has ever seen flooding. A grim reminder of how quickly a flood can occur is Hurricane Irene, which affected a multitude of persons and businesses that had no flood insurance.
Let us talk to you about Ormond Beach flood insurance coverage today!

Has your agent discussed with you the changes in the flood program and the effects it will have on your Condo Association?

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