{"id":109,"date":"2020-07-31T04:00:00","date_gmt":"2020-07-31T10:00:00","guid":{"rendered":"https:\/\/www.friantinsurance.com\/blog\/?p=109"},"modified":"2020-08-01T19:58:19","modified_gmt":"2020-08-02T01:58:19","slug":"is-flood-insurance-required","status":"publish","type":"post","link":"https:\/\/www.friantinsurance.com\/blog\/is-flood-insurance-required\/","title":{"rendered":"Is Flood Insurance Required?"},"content":{"rendered":"<p>Many homeowners and renters have questions about whether flood insurance is required for a home they have purchased or a house or apartment they may be renting.&nbsp; In the Temecula, CA area home buyers or renters can refer their questions to a qualified professional at Friant Insurance Agency.&nbsp;&nbsp;<\/p>\n<p>Buyers of homes and businesses located in designated high-risk flood areas with a mortgage provided by a government agency will be required to purchase and maintain flood insurance.&nbsp; Also, if you live in a high-risk area and have had to receive federal disaster assistance like grants from the Federal Emergency Management Agency (FEMA) you will have to continue flood insurance.&nbsp; The same applies to qualify for disaster loans from the US Small business Administration (SBA).&nbsp; The maintenance of flood insurance will allow you to receive aid at a future date if you need it.&nbsp; Federal disaster assistance comes either in the form of a loan which is paid back with interest, or a FEMA disaster grant usually in the amount of $5,000.&nbsp;<\/p>\n<p>Coverage is not required if you do not own or rent property outside the high-risk area, however, your mortgage company may still require a flood insurance policy.&nbsp; Another important point to consider:<\/p>\n<ul>\n<li>Traditional home and renters&rsquo; policies do not usually cover flood damage.<\/li>\n<li>Flood insurance will pay claims even if there is no Presidential Disaster Declaration.<\/li>\n<\/ul>\n<p>The decision whether to purchase flood insurance in addition to your home or renters&rsquo; insurance policy is an important discussion to have with an agent at Friant Insurance Group if you live in the Temecula, CA area.&nbsp; You can visit their website before your visit to gather information on flood coverage and think of any specific questions their friendly professional agents can answer.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many homeowners and renters have questions about whether flood insurance is required for a home they have purchased or a house or apartment they may be renting.&nbsp; In the Temecula, CA area home buyers or renters can refer their questions to a qualified professional at Friant Insurance Agency.&nbsp;&nbsp; Buyers of homes and businesses located in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[8,10],"class_list":["post-109","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-friant-insurance-agency","tag-temecula-ca"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.friantinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.friantinsurance.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.friantinsurance.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.friantinsurance.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.friantinsurance.com\/blog\/wp-json\/wp\/v2\/comments?post=109"}],"version-history":[{"count":1,"href":"https:\/\/www.friantinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/109\/revisions"}],"predecessor-version":[{"id":110,"href":"https:\/\/www.friantinsurance.com\/blog\/wp-json\/wp\/v2\/posts\/109\/revisions\/110"}],"wp:attachment":[{"href":"https:\/\/www.friantinsurance.com\/blog\/wp-json\/wp\/v2\/media?parent=109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.friantinsurance.com\/blog\/wp-json\/wp\/v2\/categories?post=109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.friantinsurance.com\/blog\/wp-json\/wp\/v2\/tags?post=109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}