Flood Insurance Policies

Flood coverage provides protection to your home against losses caused by snow melts, storm surges and backed up drainage systems. Homeowners insurance doesn’t typically insure for floods and it usually takes 30 days to take effect.  The National Flood Insurance Program (*NFIP) is a Federal program that aids communities who voluntarily participate in the NFIP by adopting floodplain management ordinances to decrease future flood damage. Don’t wait until it’s too late! If your home is in a high-risk area, known as a Special Flood Hazard Areas (SFHAs), flood insurance is required by federal law if a mortgage has been taken out with a federally charted bank. If your home is located in a community that participates with the NFIP, its contents can be covered by a Standard Flood Insurance policy. A low-cost preferred Risk Flood Policy might by needed if your home is in a low to moderate risk zone. While insurance is not required in a lower risk area, the particulars of your home’s location might call to ensure for a peace of mind to protect against minor flood damage to your house and its contents.