Flooding is the most common and costly natural disaster in the United States, affecting every region and state. Floods cause physical and emotional anguish, as well as financial devastation.
Floods can happen anywhere — just one inch of floodwater can cause up to $25,000 in damage. Most homeowners’ insurance does not cover flood damage. Flood insurance is a separate policy that can cover buildings, the contents in a building, or both, so it is important to protect your most important financial assets — your home, your business, and your possessions.
When flooding happens, federal disaster assistance is not always the answer. Most types of federal disaster assistance require a presidential disaster declaration and come in the form of low-interest disaster loans that must be repaid—with interest. Only flood insurance reimburses you for flood damage, providing the necessary funds for recovery—and you don’t have to pay it back.
Flooding can be an emotionally and financially devastating event. With flood insurance, you’re able to recover faster and more fully.
Use the tool below to see how much flood damage – even from just a few inches of water – could roughly cost you. This is estimated data and may not reflect your locality or exact situation. Historical Flood Risk and Costs | FEMA.gov
Normally, homeowner’s insurance policies do not cover flooding, and typically takes up to 30 days for a policy to go into effect. So, the time to buy is well before a disaster. Don’t wait until is too late, call us now to get a free quote.