Mission Statement

"Our mission is to create peace of mind and build enduring relationships."

Bob Lancaster Insurance's mission statement is the core of our culture. Our customers always come first, and we strive to provide them with the products and service that best respond to their needs. Building trust and fostering loyal, long-lasting relationships are the essence of who we are and fundamental parts of our company values.

Putting our mission statement to work

Our employees work hard to connect with our customers on a very real and personal level. Find out what Bob Lancaster’s mission means to them and how they carry it out every day.

Bob Lancaster Insurance, serving Florida's insurance needs since 1964. Contact us today at 321-725-1620 - see what we can do for YOU and YOUR BUSINESS!

Tuesday, June 3, 2014

Torrential Tuesday - Why do I need flood insurance?

Flooding is the #1 ranked natural disaster in the country and yet there are 3 common misconceptions about flood insurance that permeate in the United States.

#1 My Homeowners Policy Covers Flooding

Your homeowners policy more than likely does not cover flooding. You may have optional coverage for back-up of sewers and drains, but flooding caused by natural disasters, or similar events are provided by different agencies such as The National Flood Insurance Program to allow policy holders the maximum flexibility in coverage and save them money with lower premiums.

#2 I Don’t Live in a Flood Zone, So I Don’t Need Flood Insurance

Believe it or not, we all live in a flood zone which has the potential to fill with water any time. The difference is the severity or risk of flooding in your particular zone. However, industry-wide, over 20% of all flood claims come from people who are NOT in high risk areas, and 1/3 of all disaster assistance goes to flooding victims according to FEMA. So we’re all at risk. Per the National Flood Insurance Program, flooding is a general and temporary condition where two or more acres of normally dry land or two or more properties are inundated by water or mudflow caused by various conditions such as severe storms and sources of rapid water accumulation.

#3 Flood Insurance is Too Expensive

Depending on the level of your risk zone (determined by FEMA), flood insurance is available for as little as $57/year and averages as little as $129/year for those in “Preferred Risk Zones.” Even in higher risk areas, flood insurance is typically less than $400/year which is much less than the costs associated with recovering after a flood. Cost estimates by Floodsmart.gov estimate that just 1” of water in a 2,000 sq. ft. home can cause over $20,000 in damage.

                                     Contact us for all your Insurance needs! (321)725-1620  
                                                             Bob Lancaster Insurance

Serving Florida since 1964

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