Good to know
Your Homeowner's policy does not cover you against flooding. This is an exclusion from every standard homeowner's policy in Florida. To protect your property from this major hazard, you'd need to purchase a specific policy, even if you do not live in a flood zone
Flooding
Anywhere it rains, it can flood. Flooding has occurred in all 50 states and 98% of U.S. counties. Living far from an ocean or river or outside a special flood hazard area doesn’t mean that there is no risk. “Hidden” risks, such as being located downstream from a dam or burn scar area or in an urban area where storms may overwhelm an aging storm water system, are frequent flood causes.
40% of NFIP flood claims come from zones outside of designated high-risk areas.*
1 inch (2.5 cm) of water can cause $25,000 damage to your property*.
* statistics from FEMA, the federal agency that manages Flood contracts in the USA
Flood Insurance
Flood coverage:
You might opt for the FEMA program (managed by Federal Government) or for a private Insurer.
Waiting Period:
All policies whether private or public are subject to a waiting period. Do not wait to protect your property.
