Flood Insurance Basics

A flood insurance policy is the first and most important step in protecting your home and belongings in the event of a flood. There are two basic types of flood insurance policies:

1. The first is a standard flood insurance policy, which covers your home and belongings up to a certain amount
2. The second is an excess flood insurance policy. This policy covers your home and belongings above the amount that is covered by your standard flood insurance policy.

If you live in an area that has moderate to high risk of flooding, it’s wise to have both a standard flood insurance policy and an excess flood insurance policy. This will ensure that you are fully protected in the event of a flood.

It’s important to note that flood insurance policies do not cover damage caused by a storm surge. A storm surge is the large waves that are created when a hurricane or other storm hits land. Such disasters are generally covered by a good homeowners policy.

Flood insurance is available from a large number of carriers, and you may qualify for federal assistance in paying for your flood insurance.

Help with Flood Insurance

For more information on how to find the best rates on flood insurance, or for help in ascertaining whether or not you qualify for federal assistance, our team is standing by to lend a hand. Give us a call or click below to get started.