There’s typically a 30-day waiting period for it to take effect, so you’ll want to lock it in soon if you do.
Consumer Reports is out with what to consider if you’re on the fence…
Do you live in a new development? Fresh pavement could be covering soil that used to absorb rain.
If you live in an area where the ground freezes, the spring thaw can also cause water to seep into basements.
Even something like an above ground pool could be a reason to consider flood insurance. A collapsed pool can send water flowing into nearby homes.
It’s important to pay close attention wherever you live.
Consumer Reports says 20% of claims filed with the National Flood Insurance Program come from low to moderate risk areas.
The protection is not just for those who live on the water anymore.