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Private Flood Insurance Are you a property or business owner considering flood insurance but must decide whether to sign up for a policy from the National Flood Insurance Program (NFIP) or explore private flood insurance coverage options?  We’ve got good news; as former FEMA/NFIP leader W. Craig Fugate once said, “Flood insurance is not one size fits all… […]

The advantages and disadvantages of the National Flood Insurance Program (NFIP) Advantages of NFIP: NFIP policy vs private flood insurance NFIP has a bailout plan (it costs all of us). Do you know the difference between the NFIP and private flood writers? If you’re a property owner, it’s important to understand the distinct roles each

Welcome to a Flood Insurance Agency! Your structure is subject to all the unpredictable and exciting weather that Florida has to offer. From hurricanes and thunderstorms to floods, it can be difficult to know what’s coming next. That’s why flood insurance is a great investment for any Florida, resident; it ensures that your property is

How much does flood insurance cost in the United States annually? The cost of flood insurance in the United States depends upon several factors, including location, flood risk, and coverage level. On average, across the country, flood insurance costs around $500 – $1,500 per year for standard coverage. Location can cause this to rise significantly-

Buyers have so many questions about prospective homes. What school do the kids attend? How many bedrooms and what’s the square footage? When were mechanical systems like heating and air conditioning last updated? Sellers and seller’s agents provide answers. And federal and state laws require sellers to answer some questions that might not be asked. 

3 obstacles that divert your ability to save money on flood insurance. First is working with an agent that doesn’t understand flood insurance, has less than 700 flood insurance policies, and only shops for the NFIP option. For this reason, we do not think your auto or homeowners insurance agent will be a good option

Is private flood insurance better than NFIP / FEMA, aka the government option? 1. “private flood insurance vs nfip” https://dta0yqvfnusiq.cloudfront.net/betterflood/2022/08/private-flood-insurance-vs-nfip-630e7089d2fc1.mp4 2. “Can you get flood insurance?” https://dta0yqvfnusiq.cloudfront.net/betterflood/2022/07/Can-you-get-flood-insurance-630e68c9f0a96.mp4 If you are wondering if private flood is better than FEMA flood insurance and are interested in a comparison, you have come to the right spot. As a Flood Nerd™, we

Yes, you can get flood insurance on a rental property? Your step-by-step guide and plan to getting flood insurance on a rental property. As a landlord, ensuring you have the correct insurance to cover your asset and investment is important. However, many landlords forgo buying flood insurance on their rental property, which hurts their financial future,

If it rains, it can flood. In Florida, the flood risk is higher because of the state’s frequency of storms and surrounding waters. Homeowners’ policies do not cover flooding.  Flood insurance is an investment in your financial future. One inch of water can cause $25,000 in damage, growing yearly.  A flood policy can cover both

featured on GET A QUOTE Can you get flood insurance for an apartment? The answer is Yes to both. You can get flood insurance if you are renting an apartment. And Yes, if you own an apartment building, you can and should get flood insurance to cover your investment and assets.  The difference in flood

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

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

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

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

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

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

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