Even though flood insurance is relatively inexpensive, most homeowners do not choose to purchase it.
A standard homeowners insurance policy will not cover damages caused by flooding. You must have flood insurance from an insurer that writes for the National Flood Insurance Program. If your community participates in a flood plan management program, you should be eligible to buy the coverage no matter if your flood risk is low, medium, or high.
Your flood insurance policy can be tailored to protect you from:
- Unusual and rapid accumulation of runoff or surface waters from any source
- Overflow of inland or tidal waters
- Mudslides caused by flooding
Did you know that other than fire, flooding is the most widespread natural disaster. According to the National Flood Insurance Program, two adjacent properties have to be under water to call the situation a flood. In a rural area, at least 2 acres must be submerged.
Learn more about Flood Insurance by visiting The National Flood Insurance Program’s website.
Get an accurate flood insurance quote today.