Flood insurance policies vary in coverage options. Private flood insurance may offer:

• Higher coverage limits than the standard $250,000 (building) / $100,000 (contents) NFIP limits.
• Enhanced protection for garages and unattached structures.
• Replacement value and loss of use coverage.
• Lower premiums compared to National Flood Insurance Program (NFIP) policies.
• Shorter waiting periods before coverage takes effect.
• Coverage for loss of business income.
• While private flood insurance provides expanded options, each homeowner's situation should be carefully reviewed to select the right carrier, location-based coverage, and policy terms.

You must have flood insurance if you live in a designated flood zone. However, flooding can also occur in areas far from major rivers and coastlines. Consider buying flood insurance if your home is at risk of flooding due to:

• Melting snow
• Overflowing creeks, ponds, or reservoirs
• Water runoff from steep hills

Flood insurance is available for both renters and homeowners, but—like earthquake insurance—it is not included in standard homeowners insurance. Instead, flood policies are provided separately by the federal government (NFIP) and private insurers.

If you think you need flood insurance, don’t wait until flood season or a severe weather warning to buy a policy. NFIP policies have a 30-day waiting period before coverage takes effect, so it’s crucial to plan ahead.

Flooding can happen anywhere, even in low-risk areas. Protect your home and belongings with the right flood insurance policy. Contact us today to discuss your options and secure the coverage you need!