Flood Insurance

Comprehensive flood coverage for peace of mind

Flooding can occur suddenly and without warning, resulting from flash floods, river overflows, severe weather conditions, or storm surges. Everyone is at risk for flood damage, regardless of geography or location. Given the increasing prevalence and risk of flooding, homeowners should take a fresh look at their flood risks and consider how flood insurance can be incorporated into their overall risk management and insurance strategy.

What is flood insurance?

Flood insurance policies are offered by the National Flood Insurance Program (NFIP) and Private Flood Insurance carriers, and can be tailored to cover your home, other structures, and contents.

Coverage limits and premiums are determined based on various factors, including the property's location, elevation, flood zone designation, and type of flood insurance policy. Understanding the nuances of flood insurance is essential for homeowners to ensure adequate protection against the potential devastation of flooding.

What is covered by flood insurance?

Flood insurance policies includes building coverage and contents coverage. It is important to note that there are different types of flood policies and not all policies offer the same coverages or limits. Your specific needs should be discussed with your insurance broker to ensure proper flood coverage and adequate limits are in place.

Building Coverage: Protects the structure of your home, such as walls, floors, foundation, electrical and plumbing systems, furnaces and water heaters, built-in appliances (refrigerators, ovens, stoves, dishwashers), permanent carpeting, window blinds, detached garages, attached fixtures like cabinets, fuel tanks, well water tanks and pumps, and solar energy equipment.
Contents and Valuables Coverage: Covers personal belongings such as furniture, electronics, and high-value items like art and jewelry. Contents and valuables coverage options and limits differ widely between private flood insurance policies and National Flood Insurance Policies.

What is excess flood insurance?

Excess flood insurance policies cover over – in excess of – primary flood insurance policies ensuring extra protection in the event of a flood. Layering coverage involves combining a primary policy such as a NFIP policy or private flood policy, with an excess flood policy. Excess policies can extend over NFIP policies or over private flood insurance policies. For high-value homes, excess flood insurance can be a wise option to consider as it offers higher limits than primary flood insurance, especially if covering over an NFIP flood policy.

Insure your home and property against flooding

The safety and security of your family and home are of utmost importance—not solely for the physical structure but for the invaluable memories it contains. It is crucial not to leave these matters to chance. Connect with the professionals at Risk Strategies to secure the necessary protection against the unpredictable risks associated with flooding. Our team of experts is ready to assist you in understanding your options and selecting the appropriate coverage. Get the protection you need to face the future with confidence and peace of mind.