Learn More About Flood Insurance

Homeowners insurance policies do NOT cover flood damage. Flood insurance provides coverage for “rising water” that enters your home from the outside. Flood insurance is an important extra level of protection in the event of unforeseen situations.

We recommend all our customers to obtain flood insurance.

Did You Know?

  • Over 30% of all recent flooding events have occurred in non-High Risk flood zones, meaning it is not required by your bank.
  • The average 30-year mortgage has a 1% chance of fire, and a 26% chance of flood loss
  • There is a mandatory 30 day waiting period for the coverage to take effect, so it is important to buy flood insurance before the floodwaters start to rise.
  • Residential flood insurance can be as inexpensive as shown below for non-High Risk flood zones and credit cards are accepted.

We have access to multiple insurance companies that offer flood insurance; both FEMA-backed NFIP flood insurance and private flood insurance companies. This is crucial since FEMA changed how structures are rated and priced as of April 1, 2022 on their policies. The private flood insurance policies have several differences vs. NFIP’s standard flood policy, including: additional coverages that NFIP does not have; shorter waiting periods for coverage to start on new policies; coverage limits above the $250,000 max of NFIP and lower prices for some properties. Contact us today and we can help you navigate the options.

WE LOVE WHAT WE DO. Give us a call and let our experienced team walk you through the differences in coverage so you can make the best decision.