Given the number and severity of natural disasters world-wide this year, it is no wonder that owners of San Clemente real estate are becoming increasingly concerned about their insurance coverage for damages caused by these disasters, especially floods. According to FEMA, flooding is the number one natural disaster across the United States, and this spring brings with it the probability of extremely high water and flooding.
Since your basic homeowner’s insurance policy will not cover damage due to rising water, (i.e. water that collects as a result of an overflow of a body of water or surface water runoff), you would be well advised to research flood insurance policies. Think you’re safe because you live in a moderate-to-low-risk flood area? Think…