Except for fire, floods are the most common and widespread of all natural disasters. Most communities in the United States experience
some degree of flooding after spring rains, heavy thunderstorms, hurricanes, or winter snow thaws. Homeowner’s insurance does not cover
In a warning to homeowners: After every flood, we hear about homeowners who did not realize they needed to protect themselves with flood
insurance. We urge consumers to check now and make sure they have the protection they need.
Since most homeowner insurance policies do not cover flood, where can I find coverage?
Flood insurance can be purchased from The National Flood Insurance Program (NFIP). The NFIP is a federal program enabling property
owners to purchase insurance protection against losses from flooding. This insurance is designed to provide an insurance alternative
to disaster assistance to meet the escalating costs of repairing damage to buildings and their contents caused by floods.
Participation in the NFIP is based on an agreement between local communities and the federal government which states that if a
community will implement and enforce measures to reduce future flood risks to new construction in special flood hazard areas, the
federal government will make flood insurance available within the community as a financial protection against flood losses which do
occur. For more information about the NFIP, please go to their website
or you can call them toll free at 888-379-9531.
How should I buy flood insurance?
Flood coverage can be purchased through your insurance agent or insurance company. Some insurance companies actually issue the
flood insurance policies, in partnership with the federal government, as a service and convenience for their policyholders. In those
instances, the insurance company handles the premium billing and collection, policy issuance, and loss adjustment on behalf of the
federal government. These insurance companies are called Write Your Own (WYO) insurers. If your agent or insurance company is not
in the WYO program you may be referred to another agent or insurance company involved in the program. Your agent may also write a
policy for you directly from the federal government.