Flood Insurance

What is Flood Insurance?

Flood insurance is a type of property insurance that covers damage to your home or business caused by flooding. This includes losses due to heavy rain, storm surge, rapid snowmelt, overflowing rivers, or other water-related events that inundate normally dry land.

Standard homeowners and commercial property insurance policies typically do not cover flood damage, making a separate flood insurance policy essential for properties at risk.

What Does Flood Insurance Cover?

Flood insurance typically includes two types of coverage:

Building Property Coverage

• Foundation and structural walls
• Electrical and plumbing systems
• HVAC systems (furnace, water heaters, A/C)
• Appliances (refrigerators, stoves, built-ins)
• Permanently installed carpeting, flooring, paneling, and cabinetry
• Detached garages (limited coverage)

Personal Property Coverage (Contents)

• Furniture, clothing, and electronics
• Portable appliances
• Rugs and curtains
• Valuable items (limited amounts)
• Washers, dryers, and food freezers

Who Needs to Buy Flood Insurance?

• Homeowners in high-risk flood zones
• Businesses near bodies of water, including rivers, lakes, coastal areas, or regions with poor drainage.
• Property owners in moderate to low-risk zones – One in three flood insurance claims comes from these areas.
• Renters – Can purchase contents-only flood coverage.
• Landlords and real estate investors – To protect rental and investment properties.

What is the NFIP?

The National Flood Insurance Program (NFIP) is a federal program created by Congress in 1968 to provide flood insurance coverage to property owners, renters, and businesses in participating communities. It is managed by the Federal Emergency Management Agency (FEMA).

Where Can I Purchase Flood Insurance?

Floods are the most common and costly natural disaster in the U.S. Just one inch of water can cause thousands of dollars in damage. Having flood insurance ensures that you're financially protected when disaster strikes, and allows for faster recovery. To purchase flood insurance, reach out to an insurance agent who can assist you in obtaining the coverage you need. Contact us to find an insurance agent in your area.