Insurance Newsletter


National Flood Insurance
The recent flood related tragedy in eastern Kentucky is a reminder of the water damage limitations in homeowner insurance policies. Homeowner policies do not cover flood damage to a home. A flood is generally defined as excessive surface water or overflow of any body of water.

The National Flood Insurance Program, which is administered by FEMA, is the source of flood insurance for homeowners. We can help facilitate the placement of flood policies for clients that are concerned about their flood exposure.

Most homeowner policies do provide limited coverage for damage resulting from a sewer or drain backup or sump pump failure. That coverage limit is typically $5,000. If you have a finished basement that limit may not be adequate for damage to carpet, drywall, and furniture. Higher limits are available for a nominal charge.

1721 Bethel Road - Columbus, OH 43220-0285 - (614) 459-6500

fax - (614) 459-6568

Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC, to residents of:

AL, AZ, CA, CO, DE, FL, GA, IA, IL, IN, KY, MT, NC, NY, OH, OR, PA, SC, TN, TX, UT, VA, WA

Investment Advisory Services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor.

Cambridge and Lauterbach and Eilber are not affiliated.

Tom Wright and Todd Weithman are Registered Representatives of Cambridge Investment Research, Inc., and Investment Advisor Representatives
of Cambridge Investment Research Advisors, Inc.