Flood Insurance

Flood Insurance may be required by your bank as part of your mortgage or re-finance. In most cases we are able to bind coverage immediately for you in these situations (an elevation certificate may be required )

If you are in a low or moderate flood zone and wish to purchase this coverage as an added protection, we have access to new low rates for Building and or Personal Property coverages!!!!

Call our agency today for assistance

  • 90% of all disaster claims involve flooding to various degrees
  • Flood damage is not covered by a homeowner’s policy
  • Floods can occur almost anywhere, not just near water
  • 5-30 percent of all NFIP claims are paid in low and moderate risk zones

What is a flood?

The Standard Flood Policy defines a flood as follows:

  • A general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at lease one of which is your property) from:
    1. Overflow of inland or tidal waters;
    2. Unusual and rapid accumulation of runoff of surface waters from any source;
    3. Mudflow
A flood policy offers many benefits to the insured when compared to what a flood victim might receive from disaster assistance programs
  • Flood Insurance – flood claims paid even if a disaster is not declared by the President.
  • Disaster Assistance – Most forms of federal disaster assistance require a Presidential declaration
  • Flood Insurance – No indemnity payback requirement
  • Disaster Assistance – The most typical form of disaster assistance is a loan that must be repaid with interest
  • Flood Insurance policies can be renewed annually, and are not non-renewed or canceled for repeat losses
  • Disaster Assistance – The duration of a disaster home loan is approximately 30 days
  • Flood Insurance reimburses you for all covered losses up to $250,000 for homeowners
  • Disaster Assistance – $4,000 is the average award.