Flood Insurance

Flood Insurance through the NFIP (National Flood Insurance Program)

10 Reasons to buy flood insurance

  1. Most homeowner policies do NOT cover flood damage.
  2. Water back up endorsement on your home policy does NOT cover flood.
  3. Just an inch of water can cause costly damage to your property.
  4. New land development can increase flood risk, especially if the construction changes natural runoff patterns.
  5. If you live in a low risk area, you may be eligible for a Preferred Rate.
  6. 1/3 of all claims were paid out in low risk areas.
  7. Floods and flash floods happen in all 50 states.
  8. A car can easily be carried away by just two feet of floodwater.
  9. Winter storms and snow melt are overlooked causes of flood loss.
  10. Federal disaster assistance is a loan that must be paid back with interest.

What is covered

  • Your building
  • Built in appliances & central air
  • Paneling, wallpaper, cabinets, & carpets
  • Garage (up to 10% of the building)
  • Limited coverage for basements
  • Debris removal
  • Contents (if purchased)

What is NOT covered

  • Vehicles
  • Decks
  • Land and fences
  • Plants
  • Animals
  • Currency
  • Boats
  • Swimming pools
  • Contents or personal property in the basement

See the top 10 states which received flood payments in 2007