On average, Florida experiences the equivalent of 5 feet of rainfall statewide each year, making flood coverage a must for all residents.
Flood insurance coverage helps protect Florida property owners and renters against damage caused by storms, overflowing lakes and canals, excessive rainfall, and drastic floods.
Historical reports have shown that one single inch of flooded water to a home, rental, or condo can result in over $25,000 worth of damage to the structure and/or personal property.
Flood waters can rise anywhere, whether you're living on the coast or deep inland. Additionally, floods can certainly occur outside of high-risk flood zones. And since most homeowners insurance policies usually only cover water-related damage resulting from a burst pipe within a home's structure, flood insurance should be a key consideration for all policyholders.
Flood coverage is relatively inexpensive for most Floridians at an average of $560 per year. For as little as $1.54 per day this coverage may be purchased providing your family with coverage from rising waters.
To help determine whether you need a flood insurance policy, feel free to explore our FAQ below!
Federal assistance is not guaranteed and requires an approval process. Additionally, federal assistance is almost always extended in the form of a low interest rate loan which must be repaid.
Flood insurance is highly recommended for every homeowner in Florida, as our State is surrounded by water and very prone to flooding. Over 1/3 of all individuals seeking Federal Disaster Assistance for flood events do not live in a designated flood area.
No, a standard homeowners policy does not cover damage resulting from flooding, often referred to as rising water.
No, storm surge is considered “rising water” and damage resulting from storm surge is only covered by a flood policy, not a homeowner’s policy. If you live near a body of water which often rises when a storm threatens, a flood policy is a must.