Michigan Highlights the Importance of Flood Insurance in Latest Press Release – ILSA | Insurance Licensing Services of America, Inc.

MI | The Michigan Department of Insurance and Financial Services (DIFS) is reminding consumers that flood insurance is an important part of a household’s disaster recovery plan.

Many homeowners are unaware that standard homeowners insurance policies do not pay for flood or water damage,” said DIFS Director Anita Fox. “As we’ve seen this summer in Michigan, a disastrous flood can happen almost anywhere, even outside of floodplains, and DIFS is urging all Michiganders to review their insurance before disaster strikes to ensure that their families and property are protected in the event of a flood or other catastrophe.”

According to the Federal Emergency Management Agency (FEMA) and the National Oceanic and Atmospheric Administration, flooding is the most common and costly natural disaster in the United States, with nearly $40 billion in damage done in 2019 alone. They can rise with little to no warning even in areas which do not traditionally flood and, as a result, they kill more Americans each year than tornadoes, hurricanes, or lightning.

“Homeowners have coverage options, including federal flood insurance from the National Flood Insurance Program, to make sure they are protected against flooding, storm water, or sewer back-up,” said Fox. “It is important to discuss these options with your insurance agent or your insurance company well before the waters rise.”

Click here to read the complete press release.[1]

Source URL: Read More
The public content above was dynamically discovered – by graded relevancy to this site’s keyword domain name. Such discovery was by systematic attempts to filter for “Creative Commons“ re-use licensing and/or by Press Release distributions. “Source URL” states the content’s owner and/or publisher. When possible, this site references the content above to generate its value-add, the dynamic sentimental analysis below, which allows us to research global sentiments across a multitude of topics related to this site’s specific keyword domain name. Additionally, when possible, this site references the content above to provide on-demand (multilingual) translations and/or to power its “Read Article to Me” feature, which reads the content aloud to visitors. Where applicable, this site also auto-generates a “References” section, which appends the content above by listing all mentioned links. Views expressed in the content above are solely those of the author(s). We do not endorse, offer to sell, promote, recommend, or, otherwise, make any statement about the content above. We reference the content above for your “reading” entertainment purposes only. Review “DMCA & Terms”, at the bottom of this site, for terms of your access and use as well as for applicable DMCA take-down request.

1 2

Share