Skip to content
Get Flood Insurance Florida & Save Money Too.
People in Florida save on average $500 to $1,457+ on their annual flood premiums.
In many cases, we save them even more. Get the cheapest flood insurance in Florida without sacrificing coverage.
featured on
Private Flood Insurance Florida: Your Key to Lower Premiums and Better Coverage
Flood insurance is a must-have for many homeowners and businesses in Florida. But did you know that there is an alternative in Florida to the government option called the National Flood Insurance Program (NFIP)? It’s called private flood insurance, many in Florida are already saving thousands and it can save you money too. Private flood insurance in Florida usually offers broader coverage then the NFIP. Let’s dive in!
Overview of Florida Private Flood Insurance Companies
Private flood insurance is an alternative market to the NFIP that has had a 50 year monopoly on flood insurance. The NFIP is managed by the Federal Emergency Management Agency (FEMA). While the NFIP has filled the need for flood insurance the program has lost money costing taxpayers billions starting with Katrina in 2005. And has lost billions every major storm from Sandy to Harvey and many storms in between.
Because of this the NFIP has had to increase premiums to compensate for these losses.Florida private flood insurance can provide lower premiums and broader coverage options. This is because private companies (usually reinsurers) are able to customize policies, rethink the underwriting process and use risk modeling to fit a property’s individual needs.
For example, if your home is located in a high-risk flood zone, you may be charged high premiums with the NFIP one size fits all rating model where with the private flood insurance risk rating we can see a real risk rate for each structure. And it is usually much lower than the NFIP’s premiums.
How Much Can You Save on the Private Flood Insurance in Florida?
The average annual premium for an NFIP policy in a high-risk flood zone is around $1,200 to $2,500 per year with. With Florida private flood insurance, you may be able to cut your premiums in half—or even more. This savings can add up quickly over time and leave you with extra cash in your pocket. Plus, there are several other benefits associated with private flood insurance policies. These include higher coverage limits for both residential and commercial properties and access to additional services such as loss of use.
Better Florida Private Flood Insurance Coverage Options with a Flood Nerd™.
It can be difficult to find good coverage at an affordable rate without help from an experienced flood insurance professional. That’s why a “Flood Nerd™” will help save you money. Your flood nerd shops may private flood insurance options in Florida and compares them to the NFIP standards. This ensures you are getting the cheapest flood insurance options in Florida without compromising your coverage.
A Flood Nerd will help you find a policy for your unique needs and shop around many policies so that you get a great option at an affordable rate.
Private Flood Insurance Companies in Florida
Most states nowadays have some type of private flood insurance companies that are offering coverage. Most are Lloyd’s of London flood insurance, but some have Lexington, Trisera, Zurich, and Swiss RE. Most have to be accessed by a broker like the Flood Nerds. We will shop may options in Florida and compare them to the NFIP to ensure that you are getting great coverage at an affordable price.
Private Flood Insurance in Florida
If you live or own a business in Florida, then it’s important for you to understand all of your available options when it comes to flood insurance coverage. The government option (NFIP) may not be your best option; instead, consider looking into Florida private flood insurance policies which can provide lower premiums and better coverage than what is offered through FEMA’s program.
And don’t forget about enlisting the help of your “Flood Nerd” who will work hard to shop around for a great policy at the lowest rate so that you get exactly what you need from your flood protection plan!
Get Cheap Flood Insurance without Compromising 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.
★★★★★
"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.
★★★★★
"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.
Find out more about
– how flood insurance Florida works
In Florida, flood insurance helps protect homeowners and businesses from the financial devastation caused by flooding by providing coverage for damage to property and possessions that are not typically covered by a standard homeowner or business insurance policy.
– how to save money in flood zone AE Florida
Flood Nerds can help Floridians in AE flood zones save money on their flood insurance by offering personalized advice and guidance to make sure they are receiving the coverage they need at the lowest possible cost.
In Florida, flood insurance typically costs homeowners between $500 and $1,500 annually depending on the property’s location and risk of flooding.
– how to get the cheap flood insurance in Florida
By allowing a Flood Nerd™ to analyze your property, they can help you find the most affordable flood insurance by comparing rates from various providers and leveraging discounts that are available.
The flood nerd offers an invaluable service, as they are knowledgeable of all the different flood insurance companies in Florida and can help you find the most competitive rate tailored to your specific needs.
