As the #1 natural disaster in the United States, floods are one exposure that a homeowners policy will not provide coverage for. Even if you aren’t in a flood zone, you are still at risk. In fact, over 20% of flood insurance claims come from people who live outside of the “high-risk flood areas.”
Personal flood insurance is available for all homeowners, condo owners, and renters in MA, RI, CT, and NH. If you don’t live in a flood zone, the coverage is actually very reasonable. For those in high-risk areas, the coverage is more costly, but also much more important. The cost also varies based on how much coverage is purchased, and the policy terms.
National Flood Insurance Program preferred risk policies offer building and contents coverage together and the premiums are very reasonable. For homes in high-risk areas, you must get a standard rated policy, and this is actually required by all federally regulated and insured mortgage lenders.
Factors That Affect Your Flood Insurance Rate
- Age of your home / dwelling
- Number of floors
- Location of contents
- Building occupancy
- Proximity to a flood zone
- Height / Location of the lowest floor
- Amount of building and contents coverage
- The deductible you choose
Get Your Free Flood Insurance Quote Today!
Click the button to fill out our form or call us today at 508-678-8341 for a comprehensive flood insurance quote. Available for residents of Massachusetts, Rhode Island, Connecticut, and New Hampshire.