Flood insurance

The best time to think about flood insurance is before you actually need it. Everyone lives in either a high-risk or low-risk flood zone. Getting a flood insurance quote is the first step toward giving yourself peace of mind.

How much does flood insurance cost?

The cost of flood insurance can vary depending on a number of factors including:

• Most importantly, your flood risk. Areas with a higher risk of flooding will have a higher flood insurance cost.
• The amount of possessions you’re protecting with your new flood insurance coverage.
• The type of property you are protecting; primary residence, nonresidential property or second homes.

Considering all of these factors, the average cost of flood insurance through the National Flood Insurance Program is about $700 per year³.

What to do if your home floods?

Put safety first. In the event of extreme flooding, get out. And seek a safe location immediately.

File an insurance claim by contacting your insurance company or agent.

Before you re-enter your home, make sure the building is structurally sound and not in danger of collapse.