Oberle Risk Strategies, LLC Blog: flood insurance
View the latest blog posts from Oberle Risk Strategies, LLC.
Tuesday, April 10, 2018 The Federal Emergency Management Agency, or FEMA, recently announced its intentions to bolster its reinsurance for the National Flood Insurance Program (NFIP) through a catastrophe bond. According to Insurance Journal: FEMA began purchasing private reinsurance in 2017 and recovered $1. READ MORE >>
Wednesday, March 29, 2017 When it rains, it pours. And when it pours, rivers and creeks have a tendency to flood. Water can be a very powerful force when it becomes abundant enough, and flood damage can be very costly if you need to make repairs to your home. READ MORE >>
Friday, February 24, 2017 A common misconception is that damage from a flood will be covered under a homeowners policy or through FEMA. The truth is, unless a disaster is declared by the federal government, flood insurance is the only way to protect your dwelling and personal property in the event of flood damage. READ MORE >>