Want this question answered?
I know they have flood insurance.
The Netherlands would flood if it wasn't for the Dutch government which decided that a flood such as in 1953 sould never happen again, so they build dykes and dams to keep the water out.
all food contaminated by flood water
Well there are drains to try and help, basically if you have insurance with flood cover you should be safe.
comprehensive coverage...
Federal Government
Flood insurance can be purchased from the government from the national flood insurance program (NFIP). If your community participates you can purchase flood insurance from your insurance agencie through the national flood insurance program.
Yes, flood insurance can be purchased through the federal government. However, it can also be purchased as a rider to some homeowners insurance policies. You will want to compare homeowners insurance quotes then compare them to the flood coverage offered through the federal government to find out which is your best option.
If you live in an area considered to be a flood zone by the government, flood insurance is mandated by your mortgage company and the government. If you near the coast, hurricane insurance is a good investment.
In the US, flood insurance can be bought only from the Federal Government.
Flood insurance is extremely valuable and should be added to your list of protections. Available through the government, it can be added to most homeowner's policies. If you live in a flood plain, this insurance is necessary and will probably be required by your lender. It is important to note that flood insurance does not cover floods that originate from inside the home. A burst pipe will not be covered under flood insurance, for example. in order for the damage to be covered, there must be widespread flooding conditions in your area. However, if you live in an area that is prone to high levels of rain, flood insurance can give you invaluable peace of mind.
You would have to purchase a separate policy. Flood is not covered on a homeowners policy and the flood program is set up by the government. Usually, the reason that people get flood insurance is because their mortgagee requires that you have it. If you are located in a flood plain, you can obtain a flood policy. A flood plain is an area that is deemed to have flooded in the past 100+ years. See your insurance agent about getting a flood insurance policy if you need one. Be aware, flood policies are offered by other companies as well as the government program. Also, flood coverage does not go into effect for thirty (30) days after you take out the policy. This prevents people from running to get a policy when a flood is already eminent.
No. Several insurance companies offer flood insurance apart from the National Flood Insurance Program.
If your property is in a flood plain or your mortgagor requires flood insurance, no, you cannot cancel flood insurance.
Flood insurance is generally not included in homeowners insurance policies, so you may want to consider flood insurance. Flood insurance is required in some flood zones. Contact your local insurance agent to find out if your vacation home is in a flood zone that requires flood insurance.
"Flood Insurance" will cover damage resulting from a Flood. Homeowners Insurance will not.
Flood insurance rates can be compared from a number of websites such as Floodsmart. The website Floodsmart provides site visitors with detailed information and comparisons on numerous insurance companies.