With all the rain we have been getting here in dreary Erie, it is only fitting to talk about the benefits of obtaining a flood insurance policy.
Flooding is not covered under renters or homeowners insurance. It is actually its own policy, which makes it unique. Another thing that makes flood insurance different than other policies you may own is that it is actually administered through the federal government. Policies can be purchased through an insurer (ex: Lafaro Insurance Agency) under contract with the Federal Emergency Management Agency (FEMA).