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The time now is 10/28/08 - 06:53

Why does Flood insurance have to be bought separately?


RealCool.BIZ Forum Index -> Finance -> Insurance

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raynard
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Joined: 04 Jul 2005
Posts: 1



PostPosted: 09/02/08 - 04:31    Post subject: Reply with quote

Hello, I would be very grateful if you could explain me something that has been giving me a headache for days. It concerns insurance. Why does Flood insurance have to be bought separately? I really do not understand what might be a reason for this. That is why I would like to see what you think.
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conny
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Joined: 28 Jan 2005
Posts: 2



PostPosted: 09/17/08 - 03:11    Post subject: Reply with quote

Hello, honestly I have no idea why does flood insurance have to be bought separately. All I know is that you must have a separate policy but I do not know why. I just accept it as a fact and I have never tried to determine the reasons for it. I presume that if you ask your insurance agent that you will get the answer.
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tades
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Joined: 08 Feb 2006
Posts: 1



PostPosted: 10/02/08 - 01:52    Post subject: Reply with quote

Hi, I have to say that you have asked very interesting question. I too never thought about this before. And what is even worse I live in a flood zone and I have separate policy. It is funny but I never asked my agent why I have to have a separate policy. He told me that I have to and I just accept it.
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