Everyone in our area is located in flood zone. Flood is not covered under your home or dwelling fire coverage. It is a separate policy underwritten by the National Flood Insurance Program. There is a 30 day wait on flood insurance unless you are required to carry flood at closing.
CALL FOR A QUOTE TODAY! 843-747-9073
LINK to Flood Quote and Flood Tools
Federal disaster assistance is usually a loan that must be paid back with interest. For a $50,000 loan at 4% interest, your monthly payment would be around $240 a month ($2,880 a year) for 30 years. Compare that to a $100,000 flood insurance premium, which is about $400 a year ($33 a month).
If you live in a low-to-moderate risk area and are eligible for the Preferred Risk Policy, your flood insurance premium may be as low as $119 a year, including coverage for your property's contents
• Building - max coverage at $250,000
• Contents - max coverage at $100,000
• Excess Flood available through private carriers
Pinckney Carter Company
1956 Remount Road
N. Charleston, SC. 29406