![]() “Following the successful launch of our Zurich Residential Private Flood Insurance program in Florida a couple months ago, we are pleased to now be expanding the program to New Jersey and look forward to making customizable flood insurance a nationwide standard as we roll out the program across the country throughout 2020, ” added Watje. Fortunately, with Zurich Residential Private Flood Insurance, property owners recover quicker and more fully after a flood event. Simply put, concrete doesn’t absorb water, so the more developed land a community has, the more susceptible it is to damaging floods. Moreover, flood plains are constantly in flux as New Jersey’s population growth continues to spur new residential and commercial development. ![]() Just a few inches of water can cause hundreds of thousands of dollars in damage. Flood protection is important regardless of location or flood zone, because it doesn’t take a historic event to significantly impact property. ![]() Mother Nature doesn’t follow lines on a map. Moreover, since the 1970s, more than 3,300 homes and business in New Jersey have been repeatedly flooded and repaired.³ Through Zurich Residential Private Flood with automatic replacement cost coverage and Optional Resiliency coverage, property owners can rebuild with flood-resistive materials, decreasing the impact of future floods.
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