How Private Flood Is Changing the Flood Industry
The flood insurance market has been constantly changing for a couple of years. We've seen this happen for federal flood insurance and even for flood...
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:
Mar 13, 2019 7:23:00 AM
In this video we talk about the 2019 flooding in Knoxville TN that could have a big impact on flood insurance rates.
Most people do not realize that flood zones are based on historical data, so this flooding could have a big impact on future flood zones. For example properties that are currently in a low risk zone may move to a high risk zone. If you have a flood insurance policy through the private market they could non- renew the insurance policy due to claims in the area. Have questions about flood insurance in Knoxville Tn fill the form out below.
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