THE BASICS
Understanding Flood Coverage
Flood Insurance is designed to protect you from financial loss caused by flooding. There are two main kinds of coverage, and together they can help protect what matters most.Â
Building Coverage
Helps pay to repair or replace the physical structure of your home, including the foundation, electrical and plumbing systems, HVAC, and built-in applicances.
Personal Property Coverage
Helps replace your belongings, such as furniture, electronics, clothing and other personal items that are damaged by flood waters.
A REAL RISK FOR FLORIDA HOMEOWNERS
Flood Risk in Florida
Florida's beautiful coastline, rivers, lakes and frequent heavy rains make flooding a real risk - and it can happen to homes outside of high-risk zones.Â
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Even if you're not in a mapped flood zone, your property can still flood due to heavy rainfall, storm surge, rising groundwater or overflowing drainage system.
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Standard homeowners insurance does not cover flood damage, which means you could be responsible for thousands of dollars in repairs without a seperate flood insurance policy.Â
The National Flood Insurance Program (NFIP) offers standardized coverage with set limits and terms. It's a reliable options and is commonly used by homeowners, especially in higher-risk areas or when required by a mortgage lender.Â
Standardized coverage and policy terms
Available nationwide through participating insurers
Often required for homes in high-risk flood zones
NFIP Flood Insurance
BACKED BY THE FEDERAL GOVERNMENT
Two Ways to Protect Against Flooding.
We can help you find the right flood insurance solution for your home, whether through the National Flood Insurance Program (NFIP) or a private flood insurance company.
YOUR OPTIONS
Private flood insurance is offered by insurance companies and can provide higher coverage limits, additional coverage options and more flexible terms. It may be a great solution for homes outside of high-risk zones or for those looking for broader protection.Â
Higher coverage limits may be available
Additional coverage options in some cases
Often more flexible underwriting and pricing
Private Flood Insurance
MORE OPTIONS. MORE FLEXIBILITY.
Flood Insurance FAQs
COMMON QUESTIONS
​Flood insurance policies typically have a waiting period before coverage takes effect. National Flood Insurance Program (NFIP) policies generally have a 30-day waiting period, although certain exceptions apply, including some policies purchased in connection with a mortgage. Private flood insurance waiting periods vary by carrier and policy. It's important to arrange coverage before a storm or flooding is expected.
​Standard homeowners insurance policies generally exclude damage caused by flooding, including rising water, storm surge, and surface water entering your home. Separate flood insurance is typically needed to protect against these losses. Flood coverage may be available through the National Flood Insurance Program (NFIP) or private insurance companies.
Flood insurance is not required for every Florida property. However, it is generally required for buildings located in designated high-risk flood zones when they secure a mortgage from a federally regulated or insured lender. Some lenders may require flood insurance even outside high-risk areas. Regardless of whether it's required, flood insurance is worth considering because flooding can happen almost anywhere.
​Flood insurance generally provides two main types of protection: building coverage and personal property coverage. Building coverage may help pay for flood damage to your home's structure, foundation, electrical and plumbing systems, and certain permanently installed equipment. Personal property coverage may help replace belongings such as furniture, clothing, and electronics damaged by a covered flood. Coverage varies by policy, and limits, deductibles, and exclusions apply.
Yes. Renters can purchase flood insurance to help protect their personal belongings from covered flood damage. While a landlord's flood insurance may cover the building, it generally does not cover a tenant's furniture, clothing, electronics, or other personal possessions. Contents-only flood insurance may be available through the NFIP or private insurance carriers, depending on eligibility.
