FLOOD AFTER FIRE

Wildfires change the landscape, destroying root structure and creating top soil that could repel water instead of absorbing it. Debris flows and mudflows can occur up to five years after a wildfire. Debris flows can take homes off their foundations and can carry things like vegetation, trees, large boulders and vehicles. Mudflows on the other... Continue Reading →

Insurance against Extreme Events: Pairing Short-Term Incentives with Long-Term Strategies

Why do insurance companies classify certain types of risk as uninsurable? And why do insurance regulators prohibit insurers from setting premiums that reflect risk, particularly in locales that repeatedly suffer losses from natural disasters? The short answer is that insurance today is misunderstood and hence is not effectively meeting its most important objectives—to inform those... Continue Reading →

Is your home required to have flood insurance FOREVER?

Oftentimes a potential buyer is looking for that certain something special when shopping for a new home or investment property. As a buyer, it is important to fully understand the financial obligation of such a huge commitment. Sometimes that commitment includes a buyer’s acceptance of the property’s increased risk from certain naturaldisasters such as being... Continue Reading →

Flood Preparation & Safety

Flood can happen anytime and anywhere. And they can happen fast. So whether you live near the water or not, you should always be ready.  BE PREPARED BEFORE THE FLOOD Copy your most important documents (mortgage papers, deed, passport, bank information.) Keep copies in your home and store originals in a secure place outside the... Continue Reading →

Locking in peace of mind

It's Monday and that means our weekly "Good to Know" article. It doesn't matter, if it's hurricane season or rainy season, it is always good to be prepared and to have that peace of mind, when it comes to having your home safe and secure against any potential natural phenomenon. Each year, it seems, we... Continue Reading →

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