Preparing for Rain – Flood insurance from a carrier you can trust

2020-08-30
By: Advocate Brokerage

It is no secret that we prefer our clients to insure their homes with one of our elite carriers whenever possible.  Advocate values our relationships with our elite carrier partners because we understand that not all insurance policies are the same and the service provided for our clients filing claims can vary greatly.  When your home has suffered water damage, the last thing you want to have to deal with is jumping through a bunch of hoops when you file your insurance claim.

In this blog we will be discussing private flood insurance and the benefits of protecting your home from this common risk by insuring with Chubb.

Flooding is the most common natural disaster in the US and according to FEMA, 99% of counties in the US have experienced flooding.  Anywhere it rains, it can flood and the damage that flooding leaves behind can mean up to tens of thousands of dollars in damage.  Although homeowner policies might offer limited coverage for water damage, they do not offer protection from flooding. (For example you may be covered for water damage due to a sump pump failure or a burst pipe.) Even if you don’t live in a flood zone, you should consider private flood insurance with one of our elite carriers like Chubb.

Why Chubb? 

• Chubb offers coverage of up to $15M combined for building and contents, with more for basements.
• When a flood is imminent they will reimburse you for preparation costs.  You can receive up to $5000 for items such as sandbags or to safely move your belongings out of a flood warning area.
• They offer additional coverage for living expenses. If you have to move out of your home while repairs are being made, Chubb makes this difficult time as easy as possible helping you relocate, whether that’s in a premium hotel or a similar home in your neighborhood and school district.*
• Replacement cost coverage. You can replace the details that turned your house into a home, from upgraded appliances to custom cabinets.
• Debris removal. If water leaves debris on your property after the flood recedes, this policy will pay to remove it.*
• Extraordinary Customer Service.  With Chubb you have assistance at home or abroad 24 hours a day, 7 days a week, 365 days a year.  In 98% off all Chubb claims, our Claim Adjusters make contact within six hours or less of the initial report.

Advocate Brokerage has always made educating each client we serve a priority.  We do our best to provide you with as much information as possible so that you can make informed decisions regarding your homeowner’s insurance. We really do have your best interest in mind when we recommend certain carriers.  In fact, we obsess about perfecting your insurance coverage.  If you have any questions, please don’t wait to get in touch with us.  Advocate Brokerage wants you to Be Prepared!

*Dollar limits apply, subject to the terms and conditions of the policy.