June 04, 2019
SC Department of Insurance Director Ray Farmer spoke with SCETV recently about the importance of getting flood insurance as soon as possible. It’s important to understand it takes 30 days before the insurance goes into effect.
Just one inch of water can cause around $25,000 worth of damage, yet most South Carolinians do not have flood Insurance and home owners policies do not cover flooding. Right now less than 10% of people in SC have flood insurance, according to the SC DOI.