The curious thing about building wealth is that there is always a risk brewing somewhere. Those risks can cost money and wipe away your savings if you’re not prepared. What if you had a flood in your home – are you prepared and what do you do if that happens? In the U.S. we deal with hurricanes, tropical storms, flood-prone areas and more, but you don’t have to live in a flood area to suffer damage. Jason Hargraves from Insurancequotes.com is ready to educate us.
Questions I Ask
- With Hurricane Florence fresh in our minds can you run through some high-level details for us -what is, who needs it, and how do you get it?
- How does a deductible work in flood insurance?
- Are there states that mandate flood insurance?
- What happens if you live in an apartment? Do you need flood insurance?
- Are there any other reasons why we should think about flood insurance?
- Have any tips for how you can file a claim after a flood – painlessly?
What You’ll Learn
- How to take an inventory of your home to prove your possessions
- How a natural disaster can cause financial havoc
- What is the process of acquiring flood insurance and how do you know if you have too much or too little
- What is covered by flood insurance vs. regular homeowner’s insurance
- How to File An Insurance Claim After Hurricane Florence
- Sortly Home Inventory App
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Shannah Compton Game is a Money Wellness expert, host of the to-rated Millennial Money podcast, and CERTIFIED FINANCIAL PLANNER with an MBA. Millennial Money has over 15 million downloads in 164 countries. Shannah’s years of experience as a skilled Certified Financial Planner have set her on a mission to revolutionize how people think, act, and feel about their finances…and have some fun doing so.