Flood damage is not typically covered by homeowners’ insurance policies, so it’s important to purchase a flood insurance policy to protect your investment from floods. Just because you haven’t experienced a flood in the past, doesn’t mean you won’t in the future.
National Flood Insurance Program
The National Flood Insurance Program, or NFIP for short, offers flood insurance, which can be purchased through the insurance agent who handles your homeowners’ insurance policy. Rates are set and no not differ from company to company or agent to agent. These rates depend on many factors, which include the date and type of construction of your home, along with your building’s level of risk.
NFIP flood insurance policies are available to homeowners, renters, condo owners/renters, and commercial owners/renters.
For more information, contact your insurance agent, visit FloodSmart or the National Flood Insurance Program (NFIP).