Flood Insurance

The National Flood Insurance Program(NFIP) defines covered flooding as a general and temporary condition during which the surface of normally dry land is partially or completely inundated. Two adjacent properties or two or more acres must be affected. Flooding can be caused by any one of the following:

• Overflow of inland or tidal waters.

• Unusual and rapid accumulation or runoff of surface waters from any source, such as heavy rainfall.

• Mudslides or mudflows caused by flooding that are comparable to a river of liquid and flowing mud.

• Collapse or destabilization of land along the lakeshore or other body of water resulting from erosion or the effect of waves.

• Water currents exceeding normal, cyclical levels.

Facts To Know About Flood Insurance

More than 20% of all flood claims come from moderate to low-risk flood areas.

Flood is not a covered peril under the majority of Homeowner, Condominium, or Renter’s insurance policies.  A separate flood insurance policy will need to be purchased to cover the home for flood related losses.

The maximum coverage for flood insurance through the NFIP for a residential structure is $250,000 for the building and $100,000 for the contents.  Our agency has several private insurers that can provide higher limits of coverage if needed.

Rain entering through wind-damaged windows or doors or holes in walls or the roof resulting in standing water or puddles is considered windstorm rather than flood damage.