3 Important Questions about Flood insurance in Oklahoma yesensure

3 Important Questions about Flood insurance in Oklahoma

The destruction of Tulsa’s homes in 2019 was one of the most devastating disasters I have ever seen. Besides watching all those people lose their houses, we also lost pictures and other precious items that were irreplaceable because they had been stored inside after years accumulating memories with our loved ones. But now it is April 2020 and there are many Oklahomans who don’t realize how vulnerable they can be to a similar disaster if insurance isn’t purchased process for mitigation beforehand!

Late last year, on April 30th and the morning of May 1st Oklahoma was struck by 17 tornadoes. The storm carried 5 to 6 inches of rainfall that caused many Oklahomans to be devastated with flooding. This led them into more than $31 million in estimated losses resulting from flood claims reported at over 6000; unfortunately for some residents who lived through this disaster they did not have any type of insurance coverage which has made it difficult for them today as well after recovering financially from their previous loss due tot he tornado’s destruction!

Along with the wet month of April, Oklahomans are also in for some turbulent weather. However, preparation now will lead to a better recovery later this year when all that rain inevitably starts pouring down on us like an angry April shower.

Why you should buy Cost of flood insurance in Oklahoma?

You live in Oklahoma, so it’s only natural that flooding is the number one disaster to worry about. Since your typical homeowner insurance policies don’t cover floods, you’ll need a special flood policy if there is even just a 1% chance of this happening during any given year on your mortgage at high risk areas.

How to get Cost of flood insurance in Oklahoma?

There is a flood insurance waiting period of 30 days before it will go into effect, so the time to buy your policy is well ahead of when you’ll need it. Waiting until you see water rushing by may be too late! Get coverage today with National Flood Insurance Program (NFIP) and make sure that if something does happen then at least all your belongings are covered.

Cost of flood insurance in Oklahoma

Flooding can be an emotionally and financially devastating event. According to the Federal Emergency Management Agency, a single inch of water in your home could cause more than $27,000 worth of damages! In 2019 nationally, on average flood insurance claims came out at about $53k while premiums averaged around 674$.

It’s important to understand your flood risk and what you need for coverage. I like reminding people that if it rains where they live, there is a chance their home can be damaged in the event of flooding. If you have any questions or want more information on Flood Insurance in Oklahoma issues please feel free to contact at 1-800-522-0071 or visit website www.oid.ok.gov.

It’s always good when we come together as a community and prepare ourselves financially before an occurrence happens so everyone stays safe during these difficult times:)

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