Your Mortgage will last 30 years – will your property?
Floods from hurricanes, storms and King tides can be devastating to your property. Your property may be protected but will surrounding roads and areas be flooded prohibiting access?
Homeowners in coastal areas know the damages that flooding can cause, observing them first-hand from Hurricanes Harvey, Irma and Maria in 2017, nor'easters, torrential downpours and King Tide flooding. And the storms of 2017 showed the damage can extend far inland.
Intense rainfall events are becoming more frequent. The rate of coastal flooding is increasing. As sea levels rise, the number of days of King Tide (“sunny day”) flooding is dramatically increasing in most coastal cities in the US. These changes put billions of dollars of residential property investments in jeopardy for greater damages and loss of property values.
Knowing the risk of flood can help you make a better purchase decision or better protect your current home.
The FloodGard™ report identifies the property’s risk from hurricane storm surge, extreme tides, and sea level rise. Rather than reporting on only the current situation, FloodGard reports on the expected flood risk for the current year and projects for 15 and 30 year planning horizons. This period covers the life of a typical mortgage, allowing you to determine your overall exposure to flood over time.
The FloodGard™ Report is essential when considering buying, selling, insuring or protecting a property.
BeneTechs offers FloodGard™ as a standalone risk mitigation service and also bundled with DisasterGard™.