What Is Flood Insurance?
Flood insurance covers damage to your home, building, or contents caused by rising water, heavy rain, snowmelt, drainage failure, or levee breaches. Standard homeowners insurance doesn’t cover flood damage – this protection must be purchased separately.
Why Flood Coverage Matters
- Covers structural damage, flooring, appliances, and personal belongings
- Private policies may offer higher limits and faster activation than NFIP
- Optional coverage for unattached structures, loss of use, and business income
- Shorter waiting periods and flexible premiums available
- A single inch of floodwater can cost thousands in repairs
Even if you're not in a high-risk flood zone, you may still be vulnerable. According to FEMA, over 25% of flood claims come from low- to moderate-risk areas.
Do You Need Flood Insurance?
- Yes, if you live in a flood zone – lenders often require it
- Yes, if you’re near a creek, hill, pond, or snow runoff
- Yes, even if your risk is moderate – flooding is unpredictable
- Coverage is available for both homeowners and renters