![]() ![]() Contacting Professional Insurance Systems of Florida today will get you on the path to protection from flooding with an affordable and comprehensive Florida flood insurance policy. In truth, many flood insurance claims occur in low-to-moderate risk areas.ĭon’t wait until it’s too late. While you aren’t required to purchase flood insurance in low-to-moderate risk areas, a preferred risk policy 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. If your home or business is in a low or moderate risk zone, your building may qualify for a low-cost preferred risk policy. Preferred Risk Flood Insurance Policies Statewide, HighTide found that within Floridas 35 coastal counties, a once-in-a-century storm would: Flood at least 1.28 million buildings, with potential for 261 billion in losses (2020 dollars. ![]() You must apply for building coverage and contents coverage separately if you choose to invest in a standard flood insurance policy. The National Flood Insurance Program (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. If you live in a community that participates in the NFIP, your building and its contents can be covered by a standard flood insurance policy. Flood coverage offers protection against losses that result from heavy and lengthy rain falls, storm surges, blocked storm drainage systems, snow melts, etc.ĭifferent types of policies are available based on your property’s location and flood history: ![]() Although it may not seem as necessary as homeowners insurance, FL flood insurance is important if you want to keep your home safe and your possessions secure. ![]()
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