Lakewood Financial Services, Inc. Blog: flood insurance
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Monday, December 5, 2022 You know waterfront living carries risk of flooding, but did you know that about 25 percent of all flood claims come from moderate- to low-risk areas? Every year, thousands of homes flood that aren’t in a designated flood zone. READ MORE >>
Monday, May 23, 2022 It’s that time again. Just like death and taxes, preparing for the Atlantic hurricane season every year is inevitable for Sarasota/Bradenton residents. However, just because it happens every year, doesn’t mean you should become complacent or neglect your preparations. READ MORE >>
Monday, February 21, 2022 When you think of Florida, you probably also think of water. We’re lucky to have gorgeous rivers, lakes, and the ocean practically right on our doorstep. Unfortunately, we also have the ever-present threat of water damage—whether from leaks, flooding, or sewer backup. READ MORE >>
Monday, October 25, 2021 Insuring a home in a flood zone has just become more expensive. Recent changes to the National Flood Insurance Program (NFIP) went into effect Oct. 1, 2021 for all new flood insurance policies, and will begin affecting existing flood policies at renewal. Under the new program, called Risk Rating 2. READ MORE >>
Monday, June 21, 2021 If you own investment properties, it’s time to be sure they’re prepared for the summer storm season. Central Florida summer weather patterns include winds, rain, and possible flooding, hurricanes and tornadoes! Fortunately, preparing your real estate investments for extreme weather doesn’t have to be complicated. READ MORE >>
Monday, June 7, 2021 The 2021 hurricane season is upon us. We were lucky last year, and Florida didn’t have to cope with a direct hit from a hurricane. But that’s not our norm, and we shouldn’t get lazy about preparing. According to the Tampa Bay Times, since 1851, Florida has been hit by 121 hurricanes and 37 major hurricanes—by far the most of any state. READ MORE >>
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