Flood Insurance: We Hate to Say that We Told You So


But we told you so, and told you so, and toldyou get the idea.

Matthew is on target to become one of the costliest storms on record with hundreds of millions of dollars in claims filed, and on the Gulf Coast a visit from Hermine in September has FEMA looking at buyouts of homes and properties that bear severe repetitive losses rather than throw good money after bad. Palm Beach County is looking at a new flood map in 2017, and even without a storm, king tides are rising and breaking records – and deductibles. Finally, only 19 percent of Florida property owners have flood insurance, sure that they are never going to have to use it – so why pay? So, in all this, if you are questioning if you really need flood insurance, or if you can get by without it, here’s a reality check.

Without flood insurance, you are up the creek – sometimes in the most literal way imaginable – when it comes to repairing your home. It can’t be stated any more plainly or truthfully than that. None of your other policies will cover damage done by a flood, no matter how you twist and push, the square peg is not going in the round hole. Moreover, no ethical insurance agent will help you to commit the level of fraud that it would take. So don’t ask.

If you think that flood insurance is not worth the annual expense, then it would be advisable to sell your house. If you think that just because you are in an area of low flood risk that you can skip the cost of flood insurance, you should move. In both cases you are looking at thousands of dollars in repairs and replacements depending on how high the water has risen.

Let’s take a look at what flood insurance covers.

1. The building structure. This includes the entire building including doors and windows, the foundation, electrical systems, plumbing systems, built-in appliances such as dishwashers, refrigerators, ovens and stoves, permanently installed carpeting and paneling, window blinds, wallboard, as well as built-in furniture such as bookcases and cabinets.

2. Personal property. This includes clothing, furnishings, electronics such as TV sets, curtains, portable appliances such as air-conditioners and microwaves, washers and dryers, loss of food in refrigerators and freezers, and other valuable items.

If you think that you can afford to fix, repair, and replace all of that should the floodwaters rise you need to think about the cost and what it could do to your future. It could deplete all of your savings, and still not cover the expense of rebuilding. If someone tells you that you’re safe just because you are not in a historic flood area, you need to think again. We’ve had a long break between hurricanes and many residents are new to Florida and have never experienced what these storms can bring. Talk to an insurance professional about flood insurance and what options you have.


Whether you are looking to insure your automobile, home, mobile home, motorcycle, watercraft, or if you need coverage for your business such as general liability, workers compensation, commercial auto, E&L Insurance has you covered! Let’s face it! Shopping for insurance can be a grueling process. Here at E&L Insurance, we focus on counseling customers on the best coverage options, at the best possible rates. What makes us different from other agents? As an independent insurance agency, we are appointed and represent the most reputable insurance companies in Florida. This allows us to provide more options, at a higher level of service that other agents cannot offer. Our customer service representative are here to help you in all your insurance needs. Call us today at 888-700-4049 or visit www.eandlinsurance.com! Se Habla Español

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Posted in Flood Insurance
One comment on “Flood Insurance: We Hate to Say that We Told You So
  1. […] Insurance: If you think that you can live without this kind of coverage, we ask you to think again. Matthew is set to be one of the costliest storms on record, Hermine’s flooding caused massive […]


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