Flood insurance covers your home and personal property for a claim due to rising water. Some people make the costly mistake and decide not to buy flood insurance because it is not required by their lender or they think it is covered under their homeowners insurance policy. These are the same people who are financially devastated anytime a flood occurs. When you think “flood” the first thing that comes to mind is a hurricane such as Katrina but that is not usually the case. The source of flooding could be the ocean, a lake or river overflowing but most often particularly here in Georgia it is due to our notoriously heavy rainstorms. Spring and summer thunderstorms bring several inches of rain in a short period of time causing severe flash flooding, damaging homes, roads, and other structures. Just last year in May of 2010 heavy rain and severe storms battered the east coast and southern states to include Georgia. Our neighboring state just to our north Tennessee was hit the hardest hit with rainfall amounts of up to 18-20 inches. Flooding in the Nashville area alone caused more than $1 billion in damages and many had no flood insurance at all. But its not just the south as communities along the Mississippi River can attest flooding happens fast and unexpectedly.  The only way to adequately protect yourself from flooding is to purchase a flood insurance policy. Preferred rates are offered to properties that are not located in high risk flood areas (when its not required by a lender) and are affordable to most any homeowners budget starting at $129 a year. Savannah Insurance Advisors prides itself as flood insurance experts. We have the experience and knowledge to advise you if you are a new home buyer or a current flood policy holder seeking to lower your rate, we are here for you!