Can you get flood insurance without homeowner insurance? Flood Insurance is a stand-alone insurance policy that only covers flooding. Most homeowners’ policies exclude flooding from what they will cover. This question concerns us because we believe everyone should have varying insurance to offset their financial risk. Not having basic homeowners is quite risky. We have heard that statically there is a .01% chance your home will ever burn to the ground. Not having a flood

Can you get flood insurance if you are not in a floodplain? One of the most misunderstood ideas about flood insurance is that you can only get flood insurance if you are in a high-risk flood zone. But you can and should consider getting flood insurance even if your lender doesn’t require it. If your structure is in a high-risk flood zone, usually identified with an A, AE flood zone, or V, your lender will

Can you get flood insurance? https://dta0yqvfnusiq.cloudfront.net/betterflood/2022/07/Can-you-get-flood-insurance-630e68c9f0a96.mp4 Can you get flood insurance? The answer for 99% of you is yes. We can shop for your flood insurance on your area’s NFIP and the private flood insurance market. Or you can use a Flood Nerd’s knowledge to do the shopping for you here. There are some acceptions specifically in COBRA or Coastal Barrier Resources flood zones. These are areas where the federal government would have liked to deter

If you have a flood insurance policy through the National Flood Insurance Program (NFIP), you are used to paying all sorts of fees in addition to your premium. FEMA is making sweeping changes to the NFIP, but they aren’t sweeping away fees and surcharges. Fees for Flood Insurance Each policy issued by the NFIP comes with a serious case of fees. The Federal Policy Fee is set by FEMA and can change yearly. Since 2017, the Federal

Big changes are coming to the National Flood Insurance Program (NFIP) with the implementation of FEMA Risk Rating 2.0. Will there be changes to the coverage limits? The answer is No and Yes. That’s because nothing is ever simple regarding flood insurance or government programs. And when you combine the two? Yowzah!  Here’s how FEMA 2.0 affects coverage limits. New Maximum Limits The new maximum limit for homeowners’ flood insurance is $250,000, that’s the same as the

Like floodwaters crashing down the hillside or turning a dry creek bed into a raging river, FEMA 2.0 will completely wipe away certain flood policies and programs that are a part of the National Flood Insurance Program. What does this mean for you? Well, if you aren’t affected, it means nothing (except as a taxpayer, your money might be used a little more wisely). You’re like the homeowner that escaped the flood THIS time.  But if you

It’s been a long time coming, but reform to the National Flood Insurance Program (NFIP) is on the way. It looks like the government is following the lead of private flood insurers and making some changes to the way they rate flood policies. That’s a good thing. The existing NFIP is broken and broke. It consistently pays out more for losses than it takes in as premiums. The Congressional Budget Office nerds estimate that the program will

Dialogue with the clients on the new flood zone maps that Washington State will be getting in 2020. Joe Munchel Rental Property Invester (Kirkland, WA)  Suprise New flood zone map for Washington State now I need Flood Insurance I’ve owned the home for about a year now and they just put it in a flood zone 1 month ago. I’m going to shop around for the insurance but I’m still gonna have a surveyor go

Olé at Lely Resort Condo Association (LOMA) Dialogue with Flood Nerd about Low-risk flood zone vs High-risk flood zone Hello, Doris, thanks for letting us look at your property what an honor.  Beautiful condo community It is looking like you are shopping to replace an existing condo unit policy that is written with the NFIP (National Flood Insurance Program) You also noted that your condo unit is in an X flood zone map (considered low

Selling a Home in a FLOOD ZONE Question: I am having trouble selling 2 of my homes.Erik L Pittsfield MA I’m selling both of my rental houses in town so I can invest out of state. Both are in a flood area so I need extra insurance and home buyers run away once they hear that. In both situations what can I do to help the buyer not freak out and actually want to acquire

Question from client – Controling cost of flood insurance Hi Robert what can I do to decrease my flood insurance expense Hi, April that is a great question, Typically the private flood market and Lloyds of London flood Insurance is much less than the Federal program the NFIP sometimes 50% less. However, as you have seen in your state there are few private flood insurance option (Superior Flood being one) but they have pulled out or scaled back.

The price tag of flood damage in the United States hit an astounding $8.4 billion in 2011. 2016 saw the most floods in the United States on record. While you may think flood insurance isn’t all that important, it is absolutely crucial. If you live somewhere where it rains, you are susceptible to floods. Flooding can also occur from leaky pipes and other plumbing issues. However, this is not considered a flood as defined by FEMA

America weathers a lot of rain. Some years see up to 58 feet. The rainy season for the Midwest folds right into hurricane season and then California takes over (think: El Nino). As there’s no real dry season that spans America, there’s no time off for flood remediation. With a $30 billion and growing debt, the National Flood Insurance Program (NFIP) isn’t equipped to handle the constant threat of flooding across the country. In fact, to prevent

Summer 2018, nearly 7 million homes are at risk of hurricane storm surge, and Flooding Below is a breakdown of the top 10 cities areas most at risk. Based on Flood Insurance Rate Maps. Images of those high population areas that are most at risk for flooding. Do you live near one? Flood Insurance; private flood insurance; Lloyds of London; other options how do you save money on your flood insurance and other questions around flood insurance

As an Expert in flood insurance, we are uniquely positions to shop all flood policies to date for our clients both private flood and the NFIP. We also see the confusing wording and the CYA tactics local government, lenders, and insurance companies have created to address the unclear direction in the law and guidelines specified in regards to private flood insurance. And this issue seems to be one more point of political divisions in our current

Insurance, any type of insurance is intended to save us from Financial Ruin, yet why do we choose to go without it? When Hurricane Harvey made landfall and Hurricane Irma was 7 days out, our phones started lighting up, most people of whom did not currently have flood coverage wanted to get it and as fast as they could. Unfortunately, it was too late for them and our heartstrings were tugged as we told them

The National Flood Insurance program was set to expire the End of September 30 2017. Our government seemed to be off to a good start addressing it before the election of Trump and then started working on it early in the year. I was quite hopeful that they would come together to address the #1 natural that we face in this country. But it appears to be a bigger issue then many had thought it

Have you looked into FEMA’s flood insurance coverage? If so, you were likely shocked at the prices. At Better Flood Insurance, our goal is to make the purchasing process as easy as possible. That’s why you can apply here on our website and get a flood insurance quote online in just 24 short hours. If you’ve been following along with our blog for a while, you probably know that at Better Flood Insurance, our goal

Have you ever had to make a phone call to your insurance provider? It can be an incredibly stressful thing to be sure. Perhaps a number of readers out there will have had positive experiences speaking with their insurance providers, but just as many (and probably more) will likely have had negative experiences that left them jaded, frustrated, and upset. Better Flood Insurance is Different You may have been confused and ended up saying something

I was looking though articles and ran across these images. Wow, floods… This was from Hurricane Matthew which hit the Eastern cost October 2016. Earlier this week, I was speaking to a colleague and she was telling me that the rescue workers were having to come in 3 hours by boat to save those trapped. Well wishes to all that have suffered a loss, especially those in North Carolina. Prayers and well wishes your way.

With so many flood insurance companies out there, finding the best flood insurance coverage can be quite a challenge. Some companies don’t cover flood insurance for renters and some don’t offer a flood insurance quote online. Many leave you wondering what the best flood insurance policy for you actually is. Not so with Better Flood Insurance. Whatever your needs, we’re here to help! We’re the best option for flood insurance coverage and we can insure

If you’ve ever asked yourself the question, “do I need flood insurance?” we’ve got an answer for you—better safe than sorry. Now hopefully that doesn’t come across as too negative, but if you have the option to buy flood insurance, it’s probably a good idea to do so. You may have also asked yourself one of these questions: “How much does flood insurance cost?” “Where can I even get a flood insurance quote online?” “Is

Did you know Better Flood Insurance is a flood insurance provider that also offers home owners and renters flood insurance? This is great news for renters, because it’s important to know that your belongings are covered. Here are a couple of things to keep in mind: If you’re renting, your landlord has an insurance policy. It’s extremely likely that his or her insurance only covers the property and not your belongings. This means that in

When it comes to finding a flood insurance provider, unfortunately, they’re not all created equal. At Better Flood Insurance, we strive to be the absolute best choice for those looking for flood insurance coverage. Here are just a few of the ways that we go above and beyond: Fast Flood Insurance Quotes. We pride ourselves on providing our customers with free quotes that are as easy to get as possible while also keeping this stress-free.

In our previous blog, we discussed the importance of getting flood insurance coverage even if the risk of home flooding in your area is fairly low. We’ve gotten a couple of questions recently about just what flood insurance from Better Flood Insurance is like, so today’s blog is going to answer that question. What are some of the biggest benefits of our residential flood insurance coverage, you ask? Here at Better Flood Insurance, we made it

When it comes to home flooding, having flood insurance coverage is an absolute necessity. Luckily for you, Better Flood Insurance is a Top Rated National® Flood Insurance company. Regardless of what state you live in, we can help to make sure you’re covered in the event of a flood. Think it can’t happen where you live? Colorado, known for its mountains, isn’t generally considered a state that’s likely to experience flooding. In fact, in the

At Better Flood Insurance, we want to make purchasing home flood insurance as pain-free as possible. We’d love nothing more than to be the insurance provider that you can rely on for a fair price and the right amount of coverage to protect your home in the event of a flood. That’s why we’ve prepared an easy-to-follow checklist for you on how you can choose the right flood insurance provider. At Better Flood Insurance, we

Although home flooding can be at the top of the list when it comes to the biggest stressors, there is still plenty to be thankful for. No, they may not be realistic, but simply comparing your stress to the stress the characters in the following movies must have been going through might be enough to bring you down a notch. Here are three movies to keep in mind as you practice being thankful that your

In the past, we’ve written about how experiencing your home flooding can be a major source of stress and how important it is to take some time to clear your mind. Luckily for you, Better Flood Insurance (literally) has you covered. When it comes to making sure your home is taken care of in the event of home flooding, you can count on us. Simply knowing that we’re by your side can alleviate some of

In a previous blog, we provided you with a couple of things you can do to reduce your stress after experiencing home flooding. Because there are so many options for reducing stress, today we thought we’d give you a couple more. Feel free to mix and match these suggestions to come up with the combination that will have your heart rate lowered and your mood mellowing out in no time.   More Suggestions to Reduce Stress

If you’ve ever experienced home flooding, you know that coming home to water in your house is a big deal. After all, it’s not as if you can simply drain the water and go back to living life. It’s a bit more complicated than that. Thankfully, Better Flood Insurance can provide you with the flood insurance coverage you need to make your home just as good as (or better than!) it was before the flood.

If your home has just flooded, it can be hard to look on the bright side, but having home flood insurance can be the silver lining you’re looking for. On the plus side, you get the chance to rebuild and switch some things around. Finding something to be happy about is one of the most important things you can do when you’re faced with a stressful situation in life. Here are a few tips: Always

In part one of our series on how to deal with damage from home flooding, we talked about a few ways to look for the silver lining and take advantage of the situation in order to redecorate your home. Here are a few more tips to make your house feel more like home after you’ve experienced home flooding: Take the opportunity to move things around. If you’ve kept a piece of art in your living room for

Natural disasters happen every year all over the world. While you may be prepared to handle damage that occurs to your home in the case of a flood or tornado, the amount of things you must be prepared for, doubles should you be a business owner. In fact, nearly 40% of businesses do not reopen after a natural disaster strikes. That is a scary statistic! In order to guarantee that you will be a part

When people think about floods, they’re generally imagining something like heavy rain, flashes of lightning, and a massive downpour of water. Flood insurance coverage is a necessity for areas that experience this type of weather, but did you know that snowmelt can be a major cause of flooding? Deep snow can melt very quickly when temperatures fluctuate, resulting in major problems which is why flood insurance coverage is a necessity for homeowners in areas that

Do you need to buy flood insurance? Well, more often than not, it’s a good idea. With Better Flood Insurance, you could save 20-50% on your flood premiums and have both a shorter wait time to get coverage and less paperwork for you to fill out. Here are a couple of reasons you should buy flood insurance from Better Flood Insurance. We’ll cover the personal property that you store in your basement. Did you know

Flooding happens all over the country and it happens a lot more frequently than you would imagine. In fact, it is not uncommon for a flood to occur in every single state throughout a year long period. This means, regardless of where you live, you are at risk of your home being flooded. Even if you are aware of this, you may not know some other details related to flood insurance and how not having

If you have never experienced a flood personally, you may be a little unfamiliar with what a powerfully devastating event this can be. Along the same lines, you may only have the information you have heard through the grapevine. This leads many people to have opinions about floods and flood insurance that may not be completely accurate. Below you can discover three very common myths surrounding flooding and why they are not true. 1. You