Nationwide, only 20% of American homes at risk for floods are covered by flood insurance. Just a few inches of water from a flood can cause tens of thousands of dollars in damage. Over the past 10 years, the average flood claim has amounted to over $33,000. Flood insurance is the best way to protect yourself from devastating financial loss.

Most flood insurance is written through the National Flood Insurance Program (NFIP), which is administered by the Federal Emergency Management Agency (FEMA). There is a 30-day waiting period before coverage goes into effect after an NFIP policy is purchased. However, there is an exception to the 30-day waiting period when a new policy is initially purchased in connection with a loan. In that case, the policy becomes effective at the time of the loan closing.

Flood insurance is available to homeowners, renters, condo owners/renters, and commercial owners/renters. Costs vary depending on how much insurance is purchased, what it covers, and the property's flood risk. Payment must be made for the full year's premium. Coverage will not be effective until full payment is received. Call us today for your quote.

Flood insurance policies cover physical damage to your property and possessions.

What's Covered:

Building Property:

The insured building and its foundation

Electrical and plumbing systems

Central air conditioning equipment, furnaces, and water heaters

Refrigerators, cooking stoves, and built-in appliances such as dishwashers

Permanently installed carpeting over unfinished flooring

Permanently installed paneling, wallboard, bookcases, and cabinets

Window blinds

Detached garages (up to 10 percent of Building Property coverage)

Detached buildings (other than garages) require a separate Building Property policy

Debris removal

Personal Contents Property:

Personal belongings, such as clothing, furniture, and electronic equipment

Curtains

Portable and window air conditioners

Portable microwave ovens and portable dishwashers

Carpets that are not included in building coverage

Clothing washers and dryers

Food freezers and the food in them

Certain valuable items such as original artwork and furs (up to $2,500)

What's Not Covered:

Damage caused by moisture, mildew, or mold that could have been avoided by the property owner

Currency, precious metals, and valuable papers such as stock certificates

Property and belongings outside of an insured building such as trees, plants, wells, septic systems, walks, decks, patios, fences, seawalls, hot tubs, and swimming pools

Living expenses such as temporary housing

Financial losses caused by business interruption or loss of use of insured property

Most self-propelled vehicles such as cars, including their parts