As soon as you drive a new car off the lot, it loses a good chunk of its value. That’s bad all on its own. Things go from bad to worse, though, if a crash totals it shortly after you bring it home. In that case, your lender will want the full price of the car, but your insurance company only will pay you its used “Blue Book” value. Gap insurance keeps you from having to worry about this. It pays the difference between what you owe and what you’ll be paid if an accident totals your new car.
Without flood insurance, you could be out tens of thousands of dollars.
A flood can destroy your home and your financial security. From 2010 to 2014, the National Flood Insurance Program paid out an average of more than $42,000 per claim. But flood damage doesn’t have to drain your bank account. Flood insurance can offer you financial protection and peace of mind knowing that you’re covered by a flood insurance policy.
Protect what matters with flood insurance before the next storm.
Floods can happen in a matter of hours, and typically there’s a 30-day waiting period for a flood insurance policy to take effect. Act now and get flood insurance before it’s too late.
