Outer Banks Insurance for you new home purchase will cover several factors. If you live in a “Flood Zone,” your lender will require you to have federal flood insurance to cover the ground floor living space. This is federally regulated by FEMA. Your home owner’s insurance policy will cover any liabilities to the home or someone else entering your property that may get hurt. Wind and hail insurance premiums will cover parts of the home that are not covered under your regular home owners insurance policy. These “Hurricane” or “Beach” policies can get expensive if you are in an undesirable flood zone.
INSURANCE COMPANIES – WIND, HALE, AND BEACH PLAN:
Outer Banks Insurance Agency
2009 S. Croatan Hwy
Kill Devil Hills, NC 27948
Flood Insurance Facts 4 Homeowners:
If you own a home on the coast of NC, or if you are planning to buy or build a new home, you are probably aware of the risk of damage from hurricanes, tropical storms, and nor’easters. To protect homeowners and mortgage lenders from financial loss caused by such damaging storms, the National Flood Insurance Program (NFIP) makes flood insurance available in participating communities.