Flood Insurance

Floods can happen anytime or any where. Floods are the leading natural cause of property damage. Four times more homes are destroyed by flood than by fire, causing over $ 2 billion in property damage every year.

You don't have to live by water to be at risk. Approximately 30% of all flood claims occur in low to moderate risk areas. Homeowner insurance does not cover flood damage or any other surface water that seeps through foundation walls or floors but Federal Flood Insurance does. Flood insurance also covers mudflow, dirt and debris resulting from moving water.

Homeowners with mortgaged property in a Special Flood Hazard Area (SFHA) zones A or V are  required by federal law to obtain flood insurance. Lenders must comply by requiring flood insurance on the outstanding mortgage balance for the life of the loan.

Your coverage is based on your home's value minus your land value. Flood Insurance up to $ 250,000 is available for residential buildings with the option of up to $ 100,000 for contents. Since flood policies are backed by the US government, all valid claims are 100% guaranteed.

Flood coverage is very affordable for the vast majority of homes located in the Non-Special Hazard Area "preferred" zones B, C or X  where it costs less than $ 400 for the maxium coverage limits.  

There is a 30 day waiting period for flood insurance, so the best way to protect your home is to act now, before the flood comes! Remember, just because you experience a flood disaster, that doesn't mean you have to experience financial ruin.

If you should have any questions regarding Flood Insurance please visit www.FloodSmart.gov or click on the FEMA.gov logo to the right. For a flood quote, please contact our office.