There is a simple fact that many people in the Tampa, Florida area don’t realize when they buy their home insurance policies: without flood insurance, Tampa residents are at risk of damage and loss to their dwelling because flood is not a covered peril in a home insurance policy. Maybe you’re in what is considered a “low-risk” area and are not required to carry by your mortgage company. However, even if your house is built on higher ground and in a safer area, your personal property and dwelling are still at risk.
With hurricane season lasting six months of the year (June through November), there is always risk associated with flooding from sustained heavy rainfall and watershed saturation and backup causing thousands in damage to your house. If you still think your home is safe, consider this fact: roughly 25% of all flood insurance claim reporting occurs in “low-moderate risk” areas..