| Flooding is the most common natural disaster and can cause severe damage to homes and businesses. However, a recent survey from Selective revealed that only 14% of Americans have flood insurance. Why aren't more consumers considering coverage? The answer is two-fold. First, many consumers mistakenly believe that their homeowners or renters insurance policies already cover flood-related damage. Second, many consumers think that a flood will not impact their property because they are far from bodies of water. Check out Trusted Choice's press release emphasizing the significance of flood insurance coverage, plus some tips to help consumers navigate the risk.
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