Flood Insurance
Your homeowners policy doesn't cover it. Most floods don't happen where you'd expect.
Protection from the #1 natural disaster in the U.S.
Residential
Just one inch of water can cause $25,000 in damage to your home — and the average NFIP claim payment is $68,000. For most homeowners, flood insurance is the difference between a manageable loss and a financial one.
Coverage is available to homeowners, renters, condo owners, and condo renters. Premiums vary based on how much coverage you buy, what it covers, and your property's flood risk.
Business
More than 40% of small businesses never reopen after a disaster, and flooding is one of the most common causes. The average commercial flood claim is roughly $89,000 — a loss most small businesses can't absorb on their own.
Flood insurance is available to commercial property owners and tenants alike. Even if you don't own the building, you can insure the improvements and contents you've invested in your space.
Flood Facts:
99% of U.S. counties have experienced at least one flood event in the past 20 years.
Nearly one-third of NFIP flood claims come from properties outside high-risk flood zones.
Most homeowners and commercial property policies don't cover flood damage.
If your property is in a Special Flood Hazard Area (SFHA) and you have a federally backed mortgage, your lender requires flood insurance.
Just two feet of moving water can carry away most vehicles.
Hurricanes, winter storms, and snowmelt are common — and often overlooked — causes of flooding.
New construction nearby can increase your flood risk by changing how water drains across the landscape.
Standard commercial property insurance excludes flood damage.
Information furnished by FloodSmart.gov, the official site of the NFIP.