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.