What is Flood Insurance?

Coverage protecting the insured against loss or damage to real or personal property from flood. Examples of covered flooding are sudden and un-expected events such as a pipe bursting. There is also Federal Flood Insurance, coverage for qualifying residents and businesses in flood prone regions through the National Flood Insurance Act, a federally subsidized flood insurance program enacted in 1968. Read more on the Federal Flood Program here.

FACT: Floods are the nation’s most common and costly natural disaster and cause millions of dollars in damage every year.

FACT: Homeowners and renters insurance does not typically cover flood damage.

FACT: Floods can happen anywhere–More than 20 percent of flood claims come from properties outside the high risk flood zone.

 

Because everyone’s needs are not the same, it is best to consult your agent to help assess your needs and find the insurance policy that is right for you.