Clarke & Sampson Blog

National Flood Insurance Program Changes for 2017

Posted by Scott Jefferson

Nov 1, 2016 4:03:54 PM

The Federal Emergency Management Agency (FEMA) recently announced changes to the National Flood Insurance Program (NFIP) that will go into effect on April 1, 2017. These changes are made annually, and may impact your home’s flood insurance premiums—especially if it is newly mapped into a Special Flood Hazard Area (SFHA).

Read More

Topics: Flood Insurance, Flood Facts, Alexandria Flood

Rain and Flood Driving Tips

Posted by Scott Jefferson

Apr 29, 2014 2:44:00 PM

Flooding can occur within minutes of heavy rainfall or tidal changes. Be prepared and be safe on the roads. Here are some smart driving tips if you have to drive during times of heavy rain or flooding:

Read More

Topics: Flood Insurance, Flood Facts, Alexandria Flood, Alexandria VA

Understanding the Flood Insurance Act of 2014

Posted by Scott Jefferson

Mar 31, 2014 9:21:00 AM

On March 21, 2014, the Homeowner Flood Insurance Affordability Act of 2014 (the Flood Insurance Act) was signed into law. This Act modifies planned flood insurance reforms that would have dramatically increased premiums for many property owners in high-flood risk areas. Here are the key provisions of the Act that protect homeowners from rate increases:

Read More

Topics: Flood Insurance, Alexandria Flood, Homeowners Insurance

What is Water Back Up Coverage?

Posted by Scott Jefferson

Mar 5, 2014 2:38:16 PM

Whether it’s a sump pump failure or a clogged drain, water back up is one of the most common types of losses. It’s also one of the most misunderstood. Do you know how your homeowners insurance would respond?

A standard homeowners policy provides coverage for accidental discharge or overflow of water from plumbing, heating, and air conditioning as long as it originates on the premises.  For example, if your shower drain clogs and causes water to overflow, you would have coverage for the resulting damage.

Read More

Topics: Flood Insurance, Personal Insurance, Homeowners Insurance, Water Back Up

Flood Warning System - New Alexandria, Belle View, Huntington

Posted by Scott Jefferson

Jan 9, 2014 11:35:00 AM

Do you live in a low-lying area of Fairfax County? Perhaps you have family that does? We have good news to share that can help keep you and your loved ones safe. Fairfax County has launched a new emergency alert system to warn residents of flood threats.

Read More

Topics: Flood Insurance, Flood Facts, Alexandria Flood, Hurricane Preparedness, Home Security, Alexandria VA

How To Protect Your Home From Water Damage

Posted by Scott Jefferson

Dec 12, 2013 11:58:00 AM

Whether it’s a dripping refrigerator hose or a backed up sump pump, water is a homeowners worst nightmare. It leaks, drips, seeps, and floods its way to the top of the list as the most damaging cause of loss to homes. Fortunately a little hard work and planning can help you reduce the likelihood of major water damage. Here are some helpful pointers for homeowners:

- Install an automatic leak detection system. These systems can detect leaks, and automatically cut the water supply.

Read More

Topics: Flood Insurance, Personal Insurance

Insuring Against Flood: Alexandria Edition

Posted by Scott Jefferson

Oct 16, 2013 1:31:00 PM

With our proximity to the Potomac River, we enjoy its beauty and countless recreational opportunities. With this proximity, however, we are faced with unique flood risks. This risk is nothing new. Flooding has threatened life and destroyed property since  Alexandria was first settled in 1695. As new developments and redeveloped areas spring up along the Potomac and its feeder creeks, understanding flood risk is more important than ever. 

Read More

Topics: Flood Insurance, Flood Facts, Alexandria Flood, Business Insurance, Personal Insurance

Reevaluating Flood Insurance

Posted by Scott Jefferson

Jan 8, 2013 11:58:00 AM

For many property owners, flood insurance seems optional or unnecessary. The mortgage company doesn’t require it, the house is paid off, the property isn’t in a flood zone – these are a few common justifications for not carrying flood insurance. Unfortunately, many property owners using these justifications are also finding themselves literally underwater. The frequency and severity of storms and weather patterns is changing, particularly with regard to hurricanes. Hurricane Sandy perhaps highlights this best with an estimated $20 to $30 billion in uninsured flood losses (Wall Street Journal). Given our recent flood related experiences, we believe it is time for all property owners to reconsider flood insurance.

Flood insurance covers the insured building, foundation, electrical systems, plumbing, appliances, heating and air, personal belongings, household items, and debris removal, just to name a few. It is important to note that flood damage is NOT covered by your homeowners policy.

Flood Facts:

-Flood policies start at $129 per year, but average $600 per year.
-The average flood insurance claim is $30,000.
-25% of claims filed within the National Flood Program occur within moderate-to-low risk areas.
-Flood insurance takes effect 30 days after purchase, so it is important to buy before the threat of a storm or high waters.
-Floods are the most costly natural disasters in the United States.

Read More

Topics: Flood Insurance, Flood Facts, Personal Insurance