The curious thing about building wealth is that there is always a risk brewing somewhere. Those risks can cost money and wipe away your savings if you’re not prepared. What if you had a flood in your home – are you prepared and what do you do if that happens? In the U.S. we deal with hurricanes, tropical storms, flood-prone areas and more, but you don’t have to live in a flood area to suffer damage. Jason Hargraves from Insurancequotes.com is ready to educate us.

Questions I Ask

  • With Hurricane Florence fresh in our minds can you run through some high-level details for us -what is, who needs it, and how do you get it?
  • How does a deductible work in flood insurance?
  • Are there states that mandate flood insurance?
  • What happens if you live in an apartment? Do you need flood insurance?
  • Are there any other reasons why we should think about flood insurance?
  • Have any tips for how you can file a claim after a flood – painlessly?

What You’ll Learn

  • How to take an inventory of your home to prove your possessions
  • How a natural disaster can cause financial havoc
  • What is the process of acquiring flood insurance and how do you know if you have too much or too little
  • What is covered by flood insurance vs. regular homeowner’s insurance

Links

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