Flood Insurance

A standard homeowner’s policy does not cover flooding. It’s important to have protection from the floods associated with hurricanes, tropical storms, heavy rains and other conditions that impact us nationwide. Flood insurance protects your building and personal property.

What building* coverage includes

  • The insured building and its foundation
  • The electrical and plumbing system
  • Central air conditioning equipment, furnaces, and water heaters
  • Refrigerators, cooking stoves, and built-in appliances such as dishwashers
  • Permanently installed carpeting over unfinished flooring

* Homes with finished basements, and homes that are rated elevated, with an enclosure, have limited coverage in the basement, and in the areas below the elevated floor. Please refer to Floodsmart.gov for more information.

What contents coverage includes

  • Clothing, furniture, and electronic equipment
  • Curtains
  • Portable and window air conditioners
  • Portable microwaves and dishwashers
  • Carpeting that is not already included in property coverage
  • Clothing washers and dryers

The reimbursement methods for flood claims are: Replacement Cost Value (RCV) and Actual Cash Value (ACV). The RCV is the method used for primary residences insured to within 80% of the buildings replacement cost.

All other buildings and personal property (i.e. contents) are valued at ACV. The ACV is the RCV at the time of loss minus physical depreciation. Personal property is always valued using the ACV.

NFIP and limits

The maximum residential limits provided by the NFIP are $250,000 for building coverage and $100,000 for personal property coverage. If you require higher limits of protection, then you should consider purchasing Excess Flood insurance, which is available through our agency.

Not covered by flood insurance

  • Damage caused by moisture, mildew or mold that could have been avoided by the property owner
  • Currency, precious metals and valuable papers such as stock certificates
  • Property and belongings outside of an insured building such as trees, plants, wells, septic systems, walks, decks, patios, fences, seawalls, hot tubs and swimming pools
  • Living expenses such as temporary housing
  • Financial losses caused by business interruption or loss of use of insured property
  • Most self-propelled vehicles such as cars, including their parts

Flood Insurance

Content provided by FloodSmart.gov.