Floods-Protecting Your Greatest Investment
Designing Spaces meets Jeanne Salvatore, a public relations VP at the Insurance Information Institute and a specialist in flood insurance, in Nashville Tennessee, to better understand the consequences of flooding and the importance of being financially protected. A visit with someone who has had the unfortunate experience of home flooding brings us a story that gives a strong dose of reality. Unfortunately, too many homeowners take the stance, “It will never happen to me.” How flooding damages a home, even if only a few inches of water, is revisited as a grim reminder of the expense and heartache that comes with a flood.
Protect Yourself Against Flooding!
What if you are caught by surprise and you find yourself ankle-deep in mud and dirty water from a flood — your flooring and furniture ruined and other household belongings floating by as you watch helplessly?
Anywhere it rains, it can flood. Did you know that most damage is done by less than five inches of water which can cost you tens of thousands of dollars in damage to your home or business?
You do not need to live in a high-risk area to suffer from those damages, and homeowners insurance typically does not cover flooding.
If your home is not properly insured, a flood can severely impact you financially. Just because you haven't experienced a flood doesn't mean it won't happen in the future. Understanding the risks and the potential impact to your home and belongings is the first step in being fully prepared for a flood.
The federal government offers flood insurance to homeowners, renters, and business owners if their community participates in the National Flood Insurance Program (NFIP). NFIP communities agree to adopt and enforce ordinances that meet or exceed FEMA requirements to reduce the risk of flooding.
Here are some simple steps you can take that will make a big difference:
1) Complete a home inventory of your possessions in case of a flood.
2) Keep important papers waterproof and much-loved possessions out of basements and first floor of your home.
3) Call your insurance agent to make sure you have the coverage that’s right for you, and talk about your flood insurance options.
Flood insurance is a critical component of home protection. Protect yourself and your valuables from the damaging effects of a flood.
For more information, please visit: FloodSmart.gov.
Photo from FEMA
(Pompano Beach, FL – May 21, 2012) Floods are America’s number one natural disaster, and ninety percent of all natural disasters involve some sort of flooding. Make sure to tune in to “Designing Spaces” on Lifetime television on May 24 at 7:30 a.m. (ET/PT) as Jeanne M. Salvatore, a flood insurance expert with the Insurance Information Institute (I.I.I.) joins the show to discuss how flood insurance can help protect homeowners from the financial effects of flooding.
During the segment, “Designing Spaces” travels to Nashville, a city that was severely impacted by a flood affecting hundreds of homes and businesses. Salvatore will help viewers understand how just a few inches of water can result in tens of thousands of dollars in damage to a home, and that homeowners insurance does not typically cover flooding.
Homeowners need to learn the facts about their flood risk. Even if a homeowner has never experienced a damaging flood that does not mean they are risk free. "Learning from other people's experience is very important, and we see after every disaster that people who took the time to get the right amount and type of insurance, including flood insurance, are in a much better place after the disaster," says Salvatore.
An insurance agent can present homeowners with their flood insurance policy options and make sure they choose the coverage that is right for them. For more information about flood risk and flood insurance, please visit the FloodSmart website at http://www.FloodSmart.gov.
“It was a real pleasure to have Jeanne Salvatore from the Insurance Information Institute on “Designing Spaces” to share this valuable information about flood insurance with our viewers so they can make important decisions on how to protect themselves from the financial effects of flooding,” says Lysa Liemer, Designing Spaces Executive VP of Programming and COO.
About Designing Spaces on Lifetime Television
Designing Spaces, now in its 8th season, is the premier home improvement television show airing on the Lifetime network Thursday and Friday at 7:30am (ET/PT). The show inspires viewers on decorating ideas, do-it-yourself projects, and step by step home improvements to make every space count and to enjoy the space you live in. The “Family of Spaces” television shows include Think Green, Kids Spaces, and Designing Spaces of Hope which all provide great entertainment and solution driven programming for every member for the family.
For information or to view a show visit http://www.designingspaces.tv
About Quorum Productions
Quorum Productions is known for their cutting- edge content driven programming, including “Designing Spaces” on Lifetime Television. The Designing Spaces TV show educates, empowers and entertains their viewing audience with shows that bring state-of-the-art products and innovative solutions to help them solve everyday challenges.
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