Phone Number: 941-746-4107 or Toll Free 800-780-8423
Address: Service Insurance Company P.O. Box 9729 Bradenton, FL 34206-9729
Individuals living in certain areas may want to purchase natural disaster insurance to ensure that their home is covered in the event of a natural disaster.The Service Insurance Company is located in Bradenton, Florida. The Service Insurance Company provides Florida and other states with property insurance coverage, including natural disaster and flood coverage.Most areas in the country can plausibly fall victim to the event of a flood, and other natural disasters.There are several forms of natural disaster coverage available under a basic homeowners policy. These natural disasters, or unanticipated incidents can include the following events: explosion, windstorm or hail, fire and/or lightning, theft or robbery damage, damage incurred in the event of a power surge, and plumbing/sprinkler system malfunctions resulting in home damage.However, floods, which often occur in many places during the springtime and throughout certain seasons, is frequently not covered under a basic homeowners insurance policy.
Areas Covered by Service Insurance Company
Those who live in coastal areas, sinkholes and near creeks and rivers may be at a higher risk for experiencing a flood and subsequent damage.Service Insurance Company is a Florida-based company that offers flood insurance. Service Insurance Company is also licensed in the following states: Alabama, Arkansas, Arizona, Alaska, California, Colorado, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, and Wyoming. Service Insurance is also licensed to provide natural disaster insurance in the District of Columbia.
Basic Annual Service Insurance Company Premiums
Flood coverage for both residential and businesses includes a $1,000 deductible. Flood coverage provided by Service Insurance Company typically ranges from $8,000-20,000 with an annual premium of $129. For flood policies ranging from $12,000 to $30,000 the annual premium cost is approximately $181; for $20,000 to $50,000 the annual premium is $238; $30,000 to $75,000 is an annual premium of approximately $279.Other flood coverage options can include:$40,000 to $100,000 – $310 annual premium $50,000 to $125,000 – $332 annual premium $60,000 to $150,000 – $354 annual premium $80,000 to $200,000 – $388 annual premiumFlood insurance policy options provided through Insurance Service Company may reach up to $100,000 to $250,000 with an approximate $412 annual premium cost.The cost for flood insurance for businesses involves a higher annual premium. The average annual premium cost for $50,000 of flood coverage for a business averages $1,014 per year. The amount of annual premiums for a business to have increased amounts of coverage typically increases by an average of $500 per every $50,000 increase in policy coverage of flood damage.
Filing a Flood Claim with Service Insurance Company
For further information, or to contact a flood coverage representative and file a claim with the Service Insurance Company, contact Flood Insurance Director Rob Walker at: 1(800) 780-8423 ext. 4069.