Flood damage is not covered by homeowners policies.
You can protect your home, business, and belongings with flood insurance from the National Flood Insurance Program (NFIP). You can insure your home with flood insurance for up to $250,000 for the building and $100,000 for its contents.
Did you know? Between 20 and 25 percent of all flood insurance claims come from low-risk areas.
You can purchase flood insurance no matter what your flood risk is. The low-cost Preferred Risk Policy is ideal for homes and businesses in low-to moderate-risk areas:
- Homeowners can insure buildings and contents for as little as $112 per year.
- Business owners can insure for as little as $500 per year.
- Residential renters can insure for as little as $39 per year.
"Flood insurance is usually affordable." The average flood insurance policy costs a little more than $400 per year for about $100,000 of coverage. And, contents coverage is separate, so renters can insure their belongings too.
Up to $1 million of flood insurance coverage is available for non-residential buildings and contents.
National Flood Insurance provides financial protection, peace of mind and protects your most important investments: your home, business, and contents. Floods can happen anytime and anywhere. And they can happen fast. So whether you live near the water or not, you should be ready.
The risk is real. The first step in protecting your home and family is purchasing flood insurance.
For more information on the National Flood Insurance Program visit: FLOODSMART.GOV
For more information on the FEMA visit: FEMA.gov
View the National Flood Insurance Program's open letter to all Americans.