The Federal Emergency Management Agency (FEMA) considers areas at ‘high-risk’ of flooding if they have a 26% or higher chance of having a flood within 30 years. Homes, apartments, and businesses located in ‘high-risk’ zones are required to have Flood Insurance in Marshfield, Massachusetts. McSweeney & Ricci recommends residents and business owners purchase flood insurance above the minimum limits in order to protect their investment.
McSweeney & Ricci also recommends, flood insurance for Marshfield, Massachusetts residents who live outside of ‘high risk’ zones. Flooding can happen anywhere. In fact, over 20% of flood insurance claims reported to the National Flood Insurance Program (NFIP) come from homes that are not designated as being in ‘high-risk’ zones.
How would you afford to rebuild or replace your Marshfield, Massachusetts home or business if a flood rendered your home uninhabitable or closed your business? A flood can rob you of everything you own. Flood Insurance can shield policy holders from much of the financial burden associated with flooding.
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