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Usually an after thought when purchasing property, homeowner flood insurance may be the best investment you can make to protect your home and possessions. Misunderstood or not available in the past people now have no excuse for not insuring that when tragedy strikes they are protected. Mandated by Congress in 1968 the National Flood Insurance Program made it possible for protection from floods and their devastation.

There are different levels of protection, as with all insurance policies, that you can select for this insurance. One option is called the Preferred Risk Policy (PRP). This type of policy has a lower cost and is aimed at homeowners who have property in "low" to "moderate" flood risk areas. The property covered can be classified as residential or business. Statistics from FEMA state that, a whopping ninety percent of all natural disasters in the US involve flooding and twenty five to thirty percent of flood insurance claims are from regions designated as "low-risk."

Flood insurance is sold as a separate policy and will have to be added to your existing home insurance coverage. Even though you may not live in a flood zone, natural disasters and accidents do occur so it is prudent to have at least the minimum coverage to protect your possessions and home. Make absolutely sure that you know what is covered in any policy you are considering. You want no surprises when your stuff is swimming in water.

If you are purchasing homeowners flood insurance for the first time there is a standard waiting period before the policy is active. This is important. The waiting period is usually thirty days, however, if you are adding this coverage to an existing policy the waiting period is often waived. It depends on the terms and conditions of your policy and insurance company.

When the National Flood Insurance Program was introduced, insurance companies made special provisions to its policyholders. The biggest benefit to this type of policy is that it also covers what is termed "Acts of God", which means that not only is your home insured for flood damage, it is covered for a number of different natural disasters. It is important that you discuss which disasters are covered with your insurance provider.

Researching on the internet will allow you to do some comparisons to see what is being offered by different companies and get the best quote online. This is a quick and painless way to find the highest amount of coverage for the lowest premiums. You can also learn a lot about the different levels of home insurance coverage available.

Whether it is a natural disaster or some other unforeseen event you must take into account the cost of replacing and/or repairing your possessions and even the structure of your home. If you can afford to do this without insurance, great. If not, it will be like being in a row boat with no paddle. Of course adding flood protection to your existing home insurance policy is going to mean higher premiums, it is worth it. If a flood or other disaster should occur would you want to be denied a claim for not having it? The peace of mind that you can recover from a flood or disaster is why an investment in affordable homeowner flood insurance makes sense.

Get More information on protecting your home click here Home Contents Insurance. Also go to http://Best-Home-Owners-Insurance.Com where you can get more info on your home insurance options including home owner flood insurance, home insurance quote online, AARP home owner insurance and more...

Medical insurance companies carry this stereotypical stigma of being run by greedy capitalist CEOs who are more interested in maximizing their profits than maximizing your health.

If you have ever applied for a medical insurance online quote, then you know just how expensive medical insurance can be these days. But if you think medical insurance is expensive, you should see how expensive medical care is without it!

Medical insurance is like a "necessary evil". It is something nobody wants to pay, like taxes, credit card bills, or even car insurance. But it is "necessary" for your own protection, though not required by law!

The fact of the matter is that while it is true that insurance companies exist for profit, they do empower us, as consumers, with the ability to choose the best health insurance plan that is right for us, based on our healthcare needs and our financial disposition.

Basically, choosing the right medical insurance plan boils down to: how much medical care you need. Never base your decision solely on which plan has the lowest monthly premium, because that can very often work against you. Lower monthly premiums also mean higher variable out-of-pocket expenses (which are cleverly disguised as "deductibles"). A deductible is how much you are willing to pay directly to your medical providers as a variable expense.

If you know that you are going to need a lot of medical care in the form of frequent doctor's visits, medical procedures, prescription drugs, or even maternity coverage, then it would behoove you to get a plan with a higher monthly premium. Doing so will actually work to your advantage, because your medical expenses will be easier to budget and manage.

It is somewhat like how many electric, water, and natural gas companies offer "budget plans" where you pay the same amount every month, regardless of how much electricity, water, or gas you use. This way even if you use more gas to hear your home in the winter and less in the summer, you still pay the same fixed monthly payment.

That's the same idea behind health insurance premiums. The higher the premium, the more easily you can budget for your medical expenses.

On the other hand, if you rarely ever need medical care, then a lower premium with a higher deductible would be better for you. This way you pay less for your medical coverage, which you rarely ever use. And if you ever do need medical attention, you only pay for it when you need it. But then you need to be prepared to pay the deductible when the bill comes due.

Compare multiple health plans and get a free health insurance quote instantly.