Flood Insurance

Did you know that flooding is ranked as the #1 natural hazard in the country? It occurs in, and causes damages in all 50 states. Did you know that homeowner’s insurance does not typically cover flood damage?

As a US homeowner you should never be without flood insurance. Florida residents, in particular, need protection from destruction and financial devastation caused by floods. Although it may not seem like much, even a few inches of water can cause serious damage, resulting in thousands of dollars in repair and restoration costs.

Florida flood insurance offers protection against losses that result from heavy and lengthy rain falls, storm surges, blocked storm drainage systems, etc.- allowing you to proactively safeguard your home and possessions.

Different types of Florida flood insurance policies are available based on your property’s location and flood history:

Standard Flood Insurance Policies

If you live in a community that participates in the National Flood Insurance Program (NFIP), your building and its contents can be covered by standard flood insurance. Florida residents should be aware that the NFIP was established by the Federal Government to help communities who “voluntarily participate in the NFIP by adopting and enforcing floodplain management ordinances to reduce future flood damage.” To be considered a flood, the waters must cover at least two acres or affect at least two properties. You must apply for building coverage and contents coverage separately if you choose to invest in a standard flood insurance policy.

Preferred Risk Flood Insurance Policies

If your home or business is in a low or moderate risk zone, your building may qualify for a low-cost preferred risk policy. While you aren’t required to purchase flood insurance, Florida residents in low-to-moderate risk areas, should consider a preferred risk policy which will protect your home and its contents if you are affected by a small flood or a larger flood that has extended into your low-risk area. In truth, many flood insurance claims occur in low-to-moderate risk areas.

There’s no reason why you should place your home and livelihood at risk. Contact Stirling Insurance Services, Inc. today to learn more aboutflood insurance in Florida .