Protect Your Home with Flood Insurance

The NFIP definition; A flood is a general and temporary condition where two or more acres of normally dry land or two or more properties are inundated by water or mudflow. Many conditions can result in a flood: hurricanes, overtopped levees, outdated or clogged drainage systems and rapid accumulation of rainfall. With NatGen Beyond Floods the definition of flood is a broader definition giving more coverage.

Times are changing. A flood insurance policy since about 1968 was a government funded policy giving property owners the bare minimum coverage needed to recover from flood events. Limited replacement cost coverage for homes and actual cash value for personal property that may have been damaged. With limits of coverage maxing out at $250K for building and $100K on contents for a single family dwelling. Today we can offer so much more.

• In 2018 when Hurricane Harvey hit Texas leaving $125 Billion dollars in damage analytical company Core Logic estimated that 70% of the damages were uninsured in an X zone.
• In 2019 when Hurricane Michael hit the panhandle of Florida as a category 5 hurricane with an 18 foot storm surge it destroyed 70% of the resort community of Mexico Beach homes and businesses and 80% of those structures were uninsured because they were in a zone X.
• It isn’t just hurricanes that cause flooding, in June of 2016 devastating floods hit Greenbrier County WV washing homes off their foundations.
• September 2019 flooding causes more than 1000 flights to be cancelled out of O’Hare and Midway International Airport.

• Year of building construction
• Building occupancy
• Number of floors
• The location of its contents
• Its flood risk (i.e. its flood zone)
• The location of the lowest floor in relation to the elevation requirement on the flood map (in newer buildings only)
• The deductible you choose and the amount of building and contents coverage