ROCKY POINT, N.Y., May 19, 2016 /PRNewswire/ -- Based on information from the National Flood Insurance Program ALL flood insurance POLICIES are subject to new assessments and surcharges. Premiums are expected to increase 9% on average. New York, Nassau & Suffolk homeowners can expect flood insurance rates to continue to rise year over year, with the highest increase of 25% for homes that were substantially damaged by hurricane Sandy. Do you know how your policy or coverage will be affected?
"Understanding the complexity of recent flood insurance rate changes while considering the policyholders specific needs is where choosing Coastal insurance becomes the natural choice," says David W. Clausen, CEO of Coastal Insurance Solutions on Long Island, NY. "With a rising rate environment it is imperative that policyholders seek the expertise of a flood insurance professional. The BEST insurance agents offer mitigation advice to their clients before their premiums become unaffordable. Many agents can write flood policies," continues Clausen, "but not all are EXPERTS on the product."
Knowledge is Power and choosing an agent that continually updates their education in the industry keeps Coastal insurance ahead of the wave.
Coastal Insurance Solutions specializes in homeowner and flood insurances on Long Island and in New York State. They represent numerous A+ A.M. BEST rated insurance carriers in NY, NJ, CT & FL.
Let them review your insurance policy for free advice.
For More information:
Coastal Insurance Solutions
333 Route 25A Suite 150
Rocky Point, NY 11778
David Clausen /CEO/– Email
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/national-flood-insurance-program-announces-increase-to-25-300271217.html
SOURCE Coastal Insurance Solutions