Why Every Homeowner Needs Flood Insurance

Even if you don’t live in a designated flood zone, your home and belongings are at risk from heavy rains, flash flooding, melting snow—and even backed-up storm drains. Standard homeowner policies typically exclude flood damage. A dedicated Flood Insurance policy is the only way to safeguard your investment and your peace of mind.

Did You Know? 
• 25% of flood claims come from moderate‐to‐low risk areas 
• The average flood claim exceeds $35,000 
• Just one inch of water can cause more than $25,000 in damage 
• Federal Disaster Assistance is a loan, not a grant—and it must be repaid with interest

Key Benefits of Flood Insurance 
1. Comprehensive Coverage 
  – Structural protection: foundation, walls, electrical/heating systems 
  – Contents coverage: furniture, appliances, clothing, valuables 
  – Additional living expenses: temporary housing if your home is uninhabitable 

2. Affordability 
  – Premiums start as low as a few hundred dollars per year 
  – Compare to average flood loss costs—investing in insurance makes financial sense 

3. Guaranteed Availability 
  – Backed by the National Flood Insurance Program (NFIP) 
  – No risk-based underwriting—coverage available whether you’ve had prior flood damage or claims 

4. Peace of Mind 
  – Rest easy knowing you’re protected against costly repairs and replacement 
  – Avoid out-of-pocket disaster expenses that can drain savings 

Who Needs Flood Insurance? 
  • Homeowners inside FEMA’s Special Flood Hazard Area (SFHA) – often required by mortgage lenders 
  • Homeowners outside SFHA – nearly one in four claims comes from outside high-risk zones 
  • Renters – you can purchase contents coverage on its own 
  • Condo owners – building associations’ policies often exclude personal property 

Take Action Now 
1. Check Your Flood Risk—visit FEMA’s Flood Map Service Center or ask your insurance agent. 
2. Request a Quote—most policies go into effect 30 days after purchase. 
3. Review Coverage Limits—ensure you have enough to rebuild and replace your belongings.