When is flood insurance mandatory

Some people may never have to think about flooding because it is so uncommon it happens in their area. But if you live in an area where this isn’t the case, you might not be so lucky and flood insurance can protect you from devastating losses.

At Creative Risk Management LLC in New Jersey, we proudly offer flood insurance for your home. You can contact us to discuss possible quotes with us. Below we explain a little bit more about when you absolutely should consider flood insurance. 

Flooding risks

Do you have any idea if your home is at risk of flooding? You might not be aware of any floods in the area that have happened for many years. But that does not mean your home is not at risk of flooding, you should always check this.

Many places in New Jersey come with flood risks. It is near large bodies of water after all, but also due to its weather conditions. For those reasons, flood insurance is really important because you could lose everything in case of a flood. You can check if your house is at a high risk of flooding by checking FEMA’s flooding map. 

Mandatory

Okay, so let’s say you think your home is at a risk and you still want to take the risk. Well, in that case, you can’t. Getting flood insurance is a requirement for you if you live in a high-risk flood area, but this is definitely for your own good. 

If you live in New Jersey and want to discuss your flood insurance options with us, call Creative Risk Management LLC in New Jersey. We also let you compare quotes on our website.