Three Tips for Reducing Your Flood Insurance Premiums
Since Hurricane Sandy, homeowners have seen a substantial rise in premiums for flood insurance in NJ. Here are three steps you can take to lower your flood insurance premiums without reducing coverage. Fill in the Crawl Space – Below-grade crawl spaces and basements create considerable risk and can increase your insurance premiums by 15–20 percent. Filling the crawl space with dirt or gravel to level it with the surrounding grade mitigates the possibility of flood damage and can lower your…