We could save you 15% or more.
The peril of a flood is excluded from all property insurance policies. You must purchase flood insurance from the National Flood Insurance Program (NFIP) or their approved “Write Your Own” carriers . Flood insurance rates are regulated by FEMA, so all flood insurance policies cost exactly the same. All flood insurance policies are subject to a mandatory 30 day waiting period from the date the policy is paid for, before insurance coverage actually begins unless the coverage is required by your lender or mortgage company. Mortgage or Lender required insurance policies can begin immediately.
Approximately 25% of all floods occur in non-flood prone areas. Almost everyone is eligible for flood insurance as long as your city participates in the National Flood Insurance Program. Flood Insurance Coverage protects the structure of your home or business. It also includes above-ground appliances and other items of property that are considered to be part of the building. Things like:
- Heating and air conditioning equipment
- Lighting fixtures
- Fire sprinkler systems
- Clean-up after the flood
- And More!
Flood Insurance coverage differs for a basement area which is defined as any room where the floor is below ground on all sides.
What Building Insurance Coverage Options Are Available?
The maximum building insurance coverage you can purchase from the NFIP is $250,000
The maximum deductible offered is $5,000
Why Do I Need Contents Coverage?
Just an inch of water can cause costly damage to your property. Flash flooding usually causes more damage to a building’s contents than damage to the building itself.
You’ll want to think about coverage for your personal property items as well as the structure of your building. Your personal belongings help make your house, apartment, condominium, mobile home, or co-op unit a home. You don’t want to risk losing them in the event of a flood.
For some Flood Insurance policies, contents coverage is not included. At Weber Insurance we will make sure you have the coverage you need.
How Much Contents Coverage Is Available?
Up to $100,000 for contents with a Standard Flood Insurance Policy
Up to $100,000 for contents with a Preferred Risk Policy
Personal property contents are covered on an actual cash value basis. Replacement cost coverage is not available for contents.
How Do I Qualify For Excess Flood Coverage?
In some states, if you purchase National Flood Insurance through Weber Insurance and find you need more coverage than the maximum limit provided by the NFIP program, you may be eligible to purchase additional coverage through an Excess Flood Insurance Policy.
If I am not in a flood zone, can I purchase flood insurance?
Yes, flood coverage is available for anyone in a Non Special Flood Hazard participating area. The cost is very little out of pocket.
All flood policies are subject to a mandatory 30 day waiting period from the date the policy is paid for, before coverage actually begins.. Call Weber Insurance for a quote today, because it may too late to obtain the coverage with the pending threat of a storm!
With a Flood Insurance policy from Weber Insurance Corporation, you can rest easy knowing we’ve got you covered!
Call 888-860-0400 or Click today to find out additional ways Weber Insurance Corporation can save you money on Flood Insurance.