FLOOD: UNDERSTANDING THE RISK, NAVIGATING INSURANCE OPTIONS

| April 25, 2018

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The lack of flood insurance has ramifications beyond those for the individual business or homeowner. Uninsured floods hurt economic growth, prolong the recovery process for affected communities, and place additional burdens on taxpayers, with uninsured victims turning to government sources for assistance. The reasons that people and businesses go uninsured for flood vary. Some simply don’t consider themselves to be at risk or in danger, or they do not understand their risk. Some say they can’t afford coverage. Some simply don’t know their options or think their homeowners’ insurance covers flood.

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Scott Insurance

Scott Insurance, a division of James A. Scott & Son, Inc., is one of the largest independent, employee-owned providers of commercial insurance, employee benefits, risk management services, bonds, and financial management in the Southeast. In addition to providing comprehensive analyses of our clients'​ coverage needs, we pride ourselves on our trademarked, pro-active risk management services. Our dedicated team of Risk Performance Specialists offer risk occurrence prevention and claims management programs in the world of workers'​ compensation. Our Health Risk Performance Specialists provide employee wellness and financial health risk management programs for our clients'​ employee benefits needs. We have developed and currently lead property casualty and group health benefits captives.

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