![]() ![]() NFIP plans must comply with standards set by federal law. Non-NFIP plans are also available, though they are less common. You can buy NFIP plans both through major insurers and the NFIP Direct system. If you live in a community that participates in the NFIP, then you can buy an NFIP plan. Most flood insurance plans are underwritten by the National Flood Insurance Program (NFIP). By filing a claim on your flood insurance plan, you will be able to receive compensation for these losses, and you won’t spend precious personal money trying to fix the damage. At this time, a separate flood insurance policy becomes necessary.Įven an inch of water in your home can cause thousands of dollars in damage to both your dwelling and possessions. However, the unpredictability and astronomical costs of flooding related to river swells, storm surge, heavy rain or similar occurrences make it hard for home insurance to cover the risk. Standard home insurance might cover you for household water damage that results from a burst pipe or similar incident. Depending on how your home stacks up, your need for flood insurance might be significant. Of course, some properties face higher flood risks than others. To get covered today, just call us at 72 or request your free quote online.Ĭommon Flood Insurance Questions Why is Flood Insurance Important?Īll homes are at risk of floods, even those that have never flooded before. With the help of States Insurance Agency, you will be able to receive benefits that are customized to fit the risks present on your property. ![]() To get coverage against floods, you will need to buy separate flood insurance.įlood insurance is a tightly regulated marketplace, and flood insurance laws influence both who must buy coverage, and what coverage they can receive. However, your homeowners insurance will not provide coverage for this damage. ![]() If you live in an area that is prone to floods, then your home will face significant property damage risks. ![]()
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