A standard homeowners policy does not cover damages from flooding. A separate flood policy is needed to cover losses to your property caused by flooding, which provides coverage for things such as:

  • Structural damage
  • Furnace, water heater and central air-conditioning
  • Flood debris clean up
  • Electrical and plumbing systems

Cost of Coverage

As a homeowner, you can insure your home for up to $250,000 and its contents up to $100,000. For this $250,000/$100,000 building and contents coverage, yearly premiums average $450-$730 in low- to moderate-risk areas.

Stay Protected

Flood insurance means you’ll be reimbursed for all of your covered losses. As long as your community participates in the National Flood Insurance Program (NFIP), you’re eligible to purchase flood insurance.

In general, a policy does not take effect until 30 days after you purchase flood insurance. However, if your lender requires flood insurance in connection with the making, increasing, extending or renewing of your loan, there is no waiting period.

For more information on flood insurance, including premium costs, levels of coverage and the flood risk for your area, contact us at Neckerman Insurance Services.

Testimonial

"Yesterday, Sindi completed the new policies for our 3 properties and two automobiles. We appreciate being able to have all the coverage with one company and it helps to have the umbrella coverage on all the properties as well as the automobiles. Sindi completed everything in a timely manner and the work was done as promised; despite it being her first day back from vacation. I found her to be knowledgeable, willing to follow up on specific questions and able to quickly get additional detail information and willing to make minor adjustments. Overall, I found her to be a very competent insurance professional and a very pleasant person to work with. I wouldn’t hesitate to recommend the Neckerman Agency and Sindi in particular to my friends and business associates. Thanks to you as well for recruiting, selecting and retaining competent staff."

- David G.