The Best Time to Get Flood Insurance

The Best Time to Get Flood Insurance

Living in a part of the country that regularly experiences flooding puts your entire livelihood in danger, but you can be protected by getting flood insurance in NJ. Unfortunately, getting insurance after the fact will not help you much, and since there is a 30-day waiting period before your coverage is even activated, you need to be thinking about this in advance. Planning ahead can save you a lot of money and hassle in the future.

What is the Ideal Month for Buying Flood Insurance?

Early February is typically the perfect time to purchase flood insurance. This is because there will most likely be snow outside, and pretty soon, that snow is going to melt and potentially damage your home. That melted snow will have nowhere else to go besides your homes interior. This generally is not considered a severe flooding like you would get with a hurricane. This is typically referred to as “low” or “moderate” risk, but it is still enough to cause severe issues and warrant a comprehensive insurance plan.

Get Insured Before It Is Too Late

You are able to obtain flood insurance in NJ through the National Flood Insurance Program (NFIP) or through a private insurer, but either way, you should be protected if your home is at risk. The right coverage can be a huge asset when disaster strikes.