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Get Flood Insurance Iowa & Save Money Too

People in Iowa save on average $500 to $1,457+ on their annual flood premiums.

Get flood insurance from a Flood Nerd® at Better Flood Insurance® and save big time.


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Get Cheap Flood Insurance Iowa without Compromising Your Coverage.

Flood Insurance Iowa

Floods can happen anywhere, at any time. It can be a painful experience, especially when you have to think about all the damage to your home and all the costs involved in getting your life back together. With unpredictable weather patterns that bring flooding to unexpected places, it’s important to consider flood insurance for your home in Iowa.

There are different levels of protection available depending on where you live. Knowing how much flood insurance in Iowa will cost you is part of protecting what matters most.

Our team of Flood Nerds is experienced in understanding all the options available for your property so that you can confidently make an educated decision. Most of our clients save from $500 – $2,500 on their flood insurance Iowa by moving to one of our many private flood insurance options.

Certain variables need to be considered to determine the cost of flood insurance in Iowa. For an accurate estimate, we’ve created a quick calculator below. But, to obtain a reliable assessment, we recommend requesting a free quote that only takes a few minutes to complete.

Most of our clients in Iowa pay between $500 and $1,500 for home flood insurance.

Learn how much flood insurance coverage could cost for your Iowa home with us today.

Finding Cheap Flood Insurance in Iowa, the Flood Nerd™ Way

You’ve probably heard it before – finding cheap flood insurance in Iowa can be daunting. But have no fear; flood nerds are here! If you’re looking for cheap flood insurance in Iowa, then you’ve come to the right place. We shop for the cheapest flood insurance policies that don’t compromise on coverage and have a few exclusive cheap Flood insurance companies in Iowa. Let us show you how we do it. 

Step 1: Get us your information by filling out our online form

The first step to getting your cheap flood insurance in Iowa is getting your Flood Nerd your property information using our online form. This will allow us to shop your property and compare it to the NFIP to ensure you get the cheapest flood insurance policy. 

Step 2: Shop Around and Compare Rates 

Don’t just accept the first quote you get from your local agent – let a flood nerd shop around and compare rates to our pre-flood nerd-approved options to ensure you have found a flood insurance company with your flood nerds’ help getting the better deal. The NFIP has had a monopoly on flood insurance for many years, and now it is time to save money in Iowa.

Step 3: Utilize Exclusive Companies 

Since Flood Nerds only work in flood insurance, we have many more options than others, and we have some exclusive relationships with several companies that can offer low-cost policies not available to an agent that isn’t a flood insurance expert in Iowa – giving our customers access to even more savings opportunities than they would find elsewhere. By leveraging our exclusive relationships, customers can save hundreds of dollars on their premiums while still receiving better coverage and peace of mind knowing their property is protected from floods.

It doesn’t have to be difficult or expensive to get quality flood insurance in Iowa. With Flood Nerds on your side, you can feel confident that you’re getting great coverage without compromising on coverage or quality of service. We understand that everyone’s situation is different, so we strive to provide personalized solutions tailored specifically for each customer’s needs and budget constraints – so why wait? Contact us today, and let us help you find cheap flood insurance in Iowa!

Get Cheap Flood Insurance without Compromising Coverage

Affordable Coverage


"Same Coverage at a Better Rate"

-Mohammed K

Flood Nerds will shop the private flood insurance markets and then compare them to the NFIP, guaranteeing you the better option. We will send you the cheapest flood insurance rates within minutes.

Flood Insurance Affordable and Approved
Quick Quote & Coverage


"Quick Response, Very Knowledgable"

– Robert W

Paying for low-cost flood insurance is awesome. And letting the Flood Nerds shop your property has other benefits – you can get better coverage while saving money, and you can get it fast.

Top Rated Flood Nerds
We Have Satisfied Clients


"Would highly recommend Better Flood for your flood insurance needs."

– Varun K

Better Flood Insurance is an independent flood insurance broker that shops flood insurance ONLY.  Flood Nerds are Flood insurance experts. We have 5000+ happy clients and 390+ 5-star reviews. 

Flood plain map Iowa

flood plain map iowa

Does my Iowa homeowner insurance cover flooding?

A typical Iowa homeowners’ policy is written through Farmers, State Farm, Allstate, and Progressive, for instance, excludes flooding as something that will be covered under their homeowner’s policy.

In most cases, the only way to get flood coverage is by purchasing a stand-alone flood insurance policy. However, you should ask your homeowners agent if you can add an endorsement to your homeowner’s policy to cover flooding. Yet, don’t be too surprised if the answer is NO.

Flood mapping

Do I need flood insurance in Iowa?

Flood insurance rate map Iowa

Having flood insurance coverage in Iowa is important because our beloved Cowboy State has seen a fair share of flooding, and more is likely coming.


We believe that most homeowners think about Flood insurance in Iowa at some point, maybe before buying a home or during the closing process.  However, many of us only think about it when a big storm looms, or we have heard on the news that there is flooding forecasted or happening too close to our home.

If your home or business is in a flood zone, that is considered a low flood risk area. Sadly, many homeowners decide to forgo purchasing coverage because they believe they are safe from flooding. Some real estate and insurance agents may even say you don’t need it.


I ask you to consider the facts: 20 percent of all flooding events across our nation come in areas that are considered low risk. After our last few major storms (Hurricane Harvey), we saw flooding in these low-risk areas.  80 percent of these individuals had water in their homes or buildings and didn’t have flood insurance coverage.

In Harris county, nearly 135,000 homes were damaged.  Three-fourths of these properties were considered low to moderate risk.

Iowa flooding map | Iowa flood plan map

We often hear that people believe that the government will help, which is true.  However, a few things must align for you to get Iowa flood insurance assistance.

1 – The president of the United States must declare the flooding event a state of emergency.  If this doesn’t happen, then there won’t be assistance.

2 – Homeowners’ average amount of assistance after a flood, when they do not have flood coverage, is $5,000.  The average cost of damage to one’s property after a flood is $38,000+.  That $5K you get from the government?  It comes as a loan, and you will need to pay it back.  Are you willing to gamble on your financial future by forgoing flood insurance coverage?

One more note on these low-risk flood zone maps. Many of these maps are over 40 years old. If the area has been developed, there is likely more concrete, creating a barrier for land that previously might have absorbed the massive downpour.

iowa flood maps

Flood plain map Iowa

Because of all these factors, it is difficult for property owners to know their true risk of flooding. FEMA admits that their flood maps only give an idea of part of the risk. Our recent storms are facts that it can rain anywhere within Iowa, and you should consider getting flood coverage so you are not uninsured when you need it most.

FEMA flood zone maps often take years to go into effect after the terrain was studied; this gives the impression that the area is “more up to date” than it is.

The average cost for Iowa flood insurance in these Low-risk areas is $595 per year.

FEMA’s National Flood Insurance Program (NFIP) and all federally backed lenders rely on these Iowa flood insurance maps to assess risk, set premiums, and determine who is required to purchase flood insurance. Bad information about an areas flood risk can leave property owners under or uninsured.

How much is flood insurance in Iowa?

Iowa NFIP flood insurance.

There are many options available in Iowa regarding flood insurance, but they fall into two main categories.

  1. The National Flood Insurance Program (NFIP), also known as FEMA, is the government option for flood insurance.  The NFIP has enjoyed a 50-state monopoly on the flood insurance market. Not “private flood insurance” but NFIP Resellers
  2. If you have Nationwide Flood Insurance, State Farm Flood Insurance, Progressive Flood Insurance, or any of the logos below, then you are buying the NFIP flood policy that is just being resold through a government program. These companies are private companies, but their flood insurance is not. Here is a list of the 70 companies that resell the NFIP policy.
Not Private flood Insurance

Iowa private flood insurance market

Llloyds of London Flood Insurance Shopper

There are alternatives to the NFIP or government insurance.  It is called Private flood insurance, most notably Lloyd’s of London Flood insurance. However, there are other options available in Iowa. We shop all the options for your property in your region to ensure you are getting the best premium.  Please click here if you are ready to have us do the work for you.

Private flood insurance Iowa

Our shopping does include the NFIP because sometimes we find that with government subsidies, you can get a much better premium.

Iowa flood insurance 

Lloyd’s of London Flood Insurance Iowa Market

Lloyd’s of London Flood Insurance Iowa Market

Iowa is fortunate to have many Lloyd’s of London flood insurance options. Although many Lloyd’s flood insurance companies will have you assume that there is only one option, nothing could be further from the truth.

Lloyd’s of London has a rich history attributed to having invented the first modern insurance model. Unlike most of its competition, Lloyds of London is not a company but a corporate body.  This structure works well since it has been around for over 330 years. Lloyds operates under multiple financial backers pooling their capital to spread the risk.

I have two blog posts that deep dive into Lloyd’s of London and what they mean to Iowa’s flood insurance market.  If you are interested, the links are below.

Lloyd’s of London Flood Insurance

NFIP vs Private Flood Insurance

Lloyd’s also insures the world for flood insurance, meaning they cover flooding events in India, Australia, and much of Europe.  The “game” of insurance is to spread your risk since Lloyds is worldwide.

Lloyds of London Private Market Flood Insruance

My joke here is that Lloyds is banking on God’s promise that he won’t flood the entire world again, … they won’t have to pay out the whole world’s flood claim.

How much does flood insurance cost in Iowa?

Many factors go into getting the cost of flood insurance for Iowa. If your home is in what is considered a low-to-moderate risk, you can get a heavily subsidized policy through the government.

Iowa flood insurance low-to Moderate Risk rate and cost.
This is Flood Zone X, which is not lender required flood zone.

This is usually identified as an X-flood zone.  Then we would suggest the government Preferred Risk Policy (PRP) which is a subsidized policy and has set flood insurance coverage limits (see the grid below):


$250K (Residental) /$500K (commercial) BuildingNFIP Maximum Coverage Limits

The average cost for flood insurance in Iowa with the maximum set limits in these Low-risk flood zone areas is $405 – $700 per year.

Your property is in a higher-risk flood zone, usually identified with a Flood Zone AE. Your lender will require you to have flood insurance. The cost of flood insurance in Iowa depends on many factors unique to the structure. We will try to give you an idea of the most common homes we see in Iowa with a basement foundation.

We will look at the Iowa cost of flood insurance for the NFIP maximum of $250,000 for the (building only) with NO CONTENTS and our recommended deductible of $5,000.

We will be rating this example on the NFIP and on a few of our private flood insurance policies, specifically Lloyds flood insurance options in Iowa.

Cost of Flood Insurance in IOWA in high-risk flood zone AE

Our example is Cedar Rapids, but the premiums will be the same if in Des Moines, Council Bluffs, Davenport, Sioux City and many other Iowa flood zones.

In our example, the Base Flood Elevation (BFE is 726) and is a home that is built before 1973

NFIP option in Iowa Flood Zone AE

 NFIP – Coverage of $250,000 building coverage (no Contents coverage) and $5,000 deductible

NFIP Annual premium in High-Risk flood zone is $3,762.00

This option is what we see if the property has had a flood loss before and either doesn’t have an Elevation Certificate applied or the Elevation certificate showing that the lowest floor is 4 feet under the BFE for the area. You can use 10% of your coverage to cover other structures on your property.


Iowa Private flood insurance – Lloyd’s of London Flood Insurance (option 1)

Coverage of $250,000 building coverage (no Contents coverage) and $5,000 deductible

Lloyd’s of London (option 1) Annual premium in a High-Risk flood zone is $983.15

This option is great, and we are very happy when we can get this option. They can be a bit choosey about what risk they will accept and will not take anything that has had a flood loss. They do offer coverage for basements, about $2,000 for loss of use, $2,000 for other structures, but they can’t increase this coverage. They do not require an Elevation Certificate to rate.

Iowa Private flood insurance – Lloyd’s of London Flood Insurance (option 2)

Coverage of $250,000 building coverage (no Contents coverage) and $5,000 deductible

Lloyds of London (option 2)  Annual premium in High-Risk flood zone is $1,234.73

This option is great, and we are very happy when we can get this option for our clients. They seem to be writing almost all risks; however, they do not write any property in a designated floodway or has a depth of -4 under the BFE.  In our example, with our BFE being 726, they will not accept this risk if the lowest floor is 722.  They will not take anything that has had a flood loss. They offer limited coverage for basements and do not require an Elevation Certificate to rate and as a percentage of coverage for loss of use. If you want coverage for other structures, that will need to be added.


Private Flood insurance option (option 3) – Not Lloyd’s 

Coverage of $250,000 building coverage (no Contents coverage) and $5,000 deductible

The annual premium in a High-Risk flood zone is $3,385.43

This option will take properties that have had one flood loss for more than five years, and the payout was under $100,000 on the claim. Their coverage matches the NFIP.  They will write practically all risks, don’t need an elevation certificate to rate, and are a bit lower in premium than the NFIP.

Private Flood Insurance –  Lloyd’s of London (option 4)

This option must be written on the Replacement Cost Value (RCV) of the building. Otherwise, there is a co-insurance penalty that kicks in. So, $250,000 might be a bit low in California, but to keep this going, let’s just use that for this option

Coverage of $250,000 (RCV) building coverage, No Contents, and $5,000 deductible

The annual premium in a High-Risk flood zone is $1,337.24.

This options rating system is all over the board.  Sometimes we get a crazy great price, but other times the premium is way higher than the NFIP will consider taking a property that has had one flood loss before as long as it has been more than ten years and the payout was under $50,000 on the claim. Their preferred coverage is at replacement cost, slightly different from some of our other Lloyd’s flood options.  We usually reserve this one if the property doesn’t fit the above options. We can adjust coverages to control premiums. As mentioned before, these underwriters’ rates are all over the board.  It is worth shopping through to ensure we are getting you the best premium possible. They don’t need an elevation certificate to rate.

Private Flood Insurance –  Lloyd’s of London (option 5)

Coverage of $250,000 (RCV) building coverage, No Contents, and a $5,000 deductible.

The annual premium in a High-Risk flood zone is $1,545.00

This option came from the company that used to run the NFIP program, so the coverage matches the NFIP coverage with two differences. They offer living expenses covering your cost when you are displaced from your home during repairs (most Lloyds flood policies offer this).  They also offer a unique swimming pool clean-out, so if you have a pool, ask for this coverage.

Private Flood Insurance –  Lloyd’s of London (option 6)

Coverage of $250,000 (RCV) building coverage. No Contents and a $5,000 deductible.

The annual premium in a High-Risk flood zone is $2,823.00

This options rating system is also all over the board. Sometimes we get a crazy low price; other times, the premium is way higher than the NFIP. They will consider taking a property that has had one flood loss before as long as it has been more than ten years and the payout was under $25,000 on the claim. They have been rumored to give a low price the first year and then non-renew the following years, or sometimes they jack the price way up, so we will watch them. They have a slick system, and their underwriting is managed by a 3rd party, which also sometimes seems to be a glitch.


More options are coming online every day, and we are working to be looking into every viable option.

Currently, Iowa has 12,345 NFIP policies in force to date, with a total cost of $12,894,876. That would make the average for Iowa $1,045. Of course, some will pay more, and some will pay less.

Click here to have our shop and save you money.

Hello, Iowa!  Thanks for visiting our page for all your flood insurance needs.

Let’s start with Black Hawk, Iowa!  Black Hawk’s average flood rate is $1,107.  Their total number of active flood policies is 103, with $114,022 in written premiums.

Cedar Falls, Iowa, has 270 active flood policies.  The average flood rate in Cedar Falls is $1,227, with $331,360 in total premiums.

Flood insurance in waterloo, Iowa

$1,200 is the average flood rate for Waterloo, Iowa.  Waterloo has $326,322 in written premiums with 272 flood policies in effect.

When we look at Boone and Waverly, we see a total of 215 flood policies with $166,030 in flood premiums.  This allows the average flood rate to be $772.

The average flood rate in Independence is lower than the state average, computing at $888 Independence, Iowa has 108 active flood policies with $95,922 in total premiums.

Butler, Greene, and New Hartford, Iowa, have 206 total flood policies with $203,301 in written flood premiums.  The average flood rate for these areas is $987.

The average flood rate for Mason City, Spencer, and Clayton is $813.  The total premiums in these areas add up to $168,240, including 207 total flood policies.

One hundred ten total flood policies make up $114,480 in premiums in Clinton, Iowa.  Clinton’s average flood rate is $1,041.

Clive’s average flood rate is higher, coming in at $1,869.  The total number of policies in Clive, Iowa is 151 with $282,183 in premiums.

$1,017 is the average flood rate for West Des Moines, Iowa.  West Des Moines has $107,769 and 106 flood policies in effect.

Let’s look at Dyersville, Manchester, and Burlington, Iowa.  These areas have 195 total flood policies and $249,038 in premiums.  The average flood rate here is $1,277.

Hello Des Moines!  Thanks for checking out our page.  Your average flood rate is$1,034.  The total number of flood policies in Des Moines, Iowa, is 797.  Your written premiums total up to $823,997.

In Charles City, Iowa, there are 118 flood policies in effect.  The premiums add up to $112,260, allowing the average flood rate in Charles City to be $951.

Hamburg and Missouri Valley, Iowa have an average flood rate of $1,456.  Their total number of active flood policies is 181 with $263,489 in written flood premiums.

When we look at Marengo and Coralville, we see that their average flood rate is $1,106.  This includes $275,502 in premiums and 249 active flood policies.

Iowa city flood insurance

Five hundred one flood policies are in effect in Iowa City, Iowa.  The total number of flood premiums in Iowa City totals $836,279.  This allows the average flood rate to be $1,669.

Cedar Rapids, Iowa flood insurance

Hello Cedar Rapids, Iowa!  You all have the highest numbers in the state!  The average flood rate is $865.  The active flood policies in Cedar Rapids are 1,601, with $1,384,827 in premiums.

Two hundred nine flood policies are in effect in Linn and Marion, Iowa.  Linn and Marion have $128,560 in premiums which allows the average flood rate to be $615.

$131,732 in premiums are written in Palo, Louisa, and Oakville, Iowa.  The average flood rate in these areas is $553, including 238 active flood policies.

Red Oak and Muscatine, Iowa, have 251 flood policies with $228,740 in premiums.  The average flood rate here is $911.

Let’s check out Polk, Iowa!  Polk has 132 active flood policies with $82,522 in premiums.  The average flood rate in Polk is $625.

Council Bluffs, Iowa – glad to have you here!  You all have 745 active flood policies with $712,245 in written premiums.  Your average flood rate is $956.

Bettendorf’s average flood rate is slightly higher at $1,563.  The total number of premiums in Bettendorf, Iowa is $398,521 with 255 active flood policies.

Davenport, Iowa, has quite a few active flood policies – 575!  The total premiums in Davenport are $871,099, which causes the average flood rate to be $1,515.

The average flood rate drops a little to $1,338 when we look at Scott and Ames, Iowa.  Scott and Ames have 281 active flood policies with $375,952 in total premiums.

One hundred seventy-three active flood policies make up Kalona and Decorah, Iowa.  The average flood rate in Kalona and Decorah is $755, including $130,586 in flood premiums.

Finally, we’ll check out Sioux City, Iowa.  Sioux City has 213 active flood policies and $299,535 in written premiums.  The average flood rate in Sioux City is $1,406.

Thanks for checking out all the flood information on Iowa!!

Iowa flood insurance cost

For decades, the NFIP has over-charged 50 percent of its policyholders and under-charged the other 50 percent, while it has racked up $42 billion in taxpayer-funded losses, equating to more than half of every claim paid by the NFIP since 1978.

About 30 percent of NFIP claims payments go to the same 3 percent of insured “repetitive loss” structures yearly. When you do the math, this means that the other 97 percent of their flood-exposed constituents could have paid in less and still netted larger claims payouts if they had better access to private flood insurance. A recent white paper by Milliman found that 90 percent of homes in Sandy-struck New York and New Jersey would see reduced flood insurance rates through private insurers.

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