For many homeowners, flood insurance is an essential extra layer of protection.
Adding flood insurance to your insurance package means you’re covered if groundwater rises and floods your home—a situation that isn’t usually covered by home policies.
Why Flood Insurance Might Be a "Must Have"
We agree with the National Flood Insurance Program—everyone should have flood insurance, especially if you’re in an area that has a high flood risk. You might even be required to have it if you’re at high risk.
Here’s why the National Flood Insurance Program (NFIP) recommends flood insurance to everyone:
The situations that cause flooding—heavy rain, melting snow, severe coastal weather—can happen anywhere. In fact, one in five flood insurance claims comes from someone in a low—or medium-risk area.
Most of Your House Is Covered; What Isn't
Generally, most of your house is covered by flood insurance.
Specifically, the core parts of your home—like the foundation and the systems that keep it running—are covered. So are appliances.
Carpeting and personal belongings are generally covered, too, unless they’re in the basement.
Flood Insurance: One Price, Wherever You Go
Unlike most other insurance coverages, your flood insurance policy will cost you the same, no matter where you get it. (Good news if you prefer not to shop around!)
The reason flood insurance costs you the same is that it’s a national program backed by the federal government (via the National Flood Insurance Program). So, however you buy it, it’s ultimately coming from the same place.
Flood Insurance Information from FEMA*
The National Flood Insurance Program (NFIP)
The National Flood Insurance Program (NFIP) is managed by the Federal Emergency Management Agency and is delivered to the public by a network of approximately 60 insurance companies and the NFIP Direct.
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, your possessions.
The NFIP provides flood insurance to property owners, renters and businesses, and having this coverage helps them recover faster when floodwaters recede. The NFIP also encourages communities to adopt and enforce floodplain management regulations that help mitigate the effects of flooding.
Flood insurance is available to anyone living in one of the 23,000 participating NFIP communities. Homes and businesses in high-risk flood areas with mortgages from government-backed lenders are required to have flood insurance.
Buying Flood Insurance*
Just one inch of flood water can cause more than $25,000 in damage to your home. But most homeowners and renters insurance does not cover flooding. Only flood insurance helps you protect your home and savings.
Why Buy Flood Insurance?
Flood insurance is a small price to pay for peace of mind. Learn more about why flood insurance is a good value for your home or business.
What Flood Inurance Covers
Flood insurance protects your home and belongings – contact Marshall Insurance to learn what’s covered.
How Do I Buy Flood Insurance?
Contact Marshall Insurance today to purchase flood insurance.
Am I Required To Have Flood Insurance?
If you live in a high-risk flood zone, you may be required to purchase flood insurance.
Types of Flood Insurance
Whether you’re a homeowner, business owner, or renter, flood insurance can help you protect the life you’ve built.
What Does Flood Insurance Cover?*
Purchasing flood insurance will help protect the things you value. Here are examples of what’s covered with NFIP flood insurance:
- Electrical and plumbing systems
- Furnaces and water heaters
- Refrigerators, cooking stoves, and built-in appliances like dishwashers
- Permanently installed carpeting
- Permanently installed cabinets, paneling, and bookcases
- Window blinds
- Foundation walls, anchorage systems, and staircases.
- Detached garages
- Fuel tanks, well water tanks and pumps, and solar energy equipment
*Coverages and options may not be applicable to all carriers.
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