Flood Insurance

Flood Insurance

Did you know that your homeowners insurance does not cover flood damage? Insurance against flood must be obtained separately. A flood insurance policy also reimburses you for the work that you and other family members did to sandbag your homes, move furniture and remove debris.

The Federal Emergency Management Agency’s (FEMA) maps are important when it comes to flood insurance because if they show that your home sits in a 100-year flood plain, you must buy federal flood insurance in order to get a mortgage. If you live outside a high-risk zone, or if you no longer have a mortgage, flood insurance is optional.

Florida Insurance Hub offers free, comparative quotes on flood insurance from multiple insurance carriers so you can get the best possible rate.

Want to see how much we can save you? Just request a quote to find out.


Many people incorrectly believe that the government will take care of all their financial needs if they suffer damage due to flooding. The truth is that Federal disaster assistance is only available if the President formally declares a disaster. You must consider the fact that if your home is flooded and disaster assistance isn’t offered, you’ll have to shoulder the massive damage costs alone. If you’re looking for secure protection from financial loss due to flood damage, Federal disaster assistance is not the answer.

Buy flood insurance and stay protected no matter what. When disaster strikes, flood insurance policyholder claims are paid even if a disaster is not Federally declared. Flood insurance means you’ll be reimbursed for all your covered losses.  When your insured home is in imminent danger of being flooded, you may receive up to a $1,000 reimbursement for your damage-preventing expenses. Things like renting storage space to protect your belongings, buying sandbags and lumber to make a barricade, and renting pumps are all things that qualify for reimbursement through coverage under the National Flood Insurance Program (NFIP). No deductible is applied to this coverage.

Depending on the policy, sometimes coverage does not take effect until 30 days after you purchase flood insurance. So, if the weather forecast announces a flood alert for your area and you go to purchase coverage, it could be too late.

Most homeowners assume they do not live in a flood zone because the mortgage company does not require flood insurance. In Florida, 25% of flood claims are paid in the preferred zones B, C and X. We recommend everyone have flood insurance because Florida is flat and is subject to torrential rains caused by low pressure systems, tropical depressions, tropical storms and hurricanes.

A homeowners policy can have many exclusions – two of the biggest exclusions are flood and earthquake. A separate flood policy is needed to have flood insurance.

How does flood insurance work?

The National Flood Insurance Program (NFIP) is run by the Federal Government as part of the Federal Emergency Management Agency (FEMA). They set the rules and rates and allow private insurance companies to write the flood policy on their behalf. FEMA ultimately pays your claim when they reimburse your insurance carrier for your claim. FEMA offers maximum limits of $250,000 Dwelling and $100,000 Contents for residential policies. Higher limits are available through the private flood insurance marketplace which is called Excess Flood.

Some of the factors that will determine how much you will pay for Flood Insurance are:

The year your home was built
Your flood zone
The elevation of your home
The deductible you choose
Does your home have flood venting?