Flood Insurance in Florida

Flood Insurance helps Florida residents protect personal assets and maintain their families' financial security in the event of flooding. For the most part, Americans need not wonder if they need Flood Insurance.

Flood Insurance is a condition of most home loans. Unlike car insurance though, flood insurance isn't required simply because you own property, the requirement is based on the location of your property. FEMA maintains flood maps for Florida residents that label topographical areas as Zone 'A', 'B,' and 'C,' among other designations. To learn more, these maps are also available at the St. Augustine, FL zoning office.

Flood damage isn't covered by standard homeowners' insurance policies. As such, it is best to determine if you can responsibly do without the benefits of flood insurance. While the Federal Emergency Management Agency is tasked with assessing flood risks on a large-scale, only you, as the property owner, can determine if you can personally handle property-specific flood risks.

Who is Required to Purchase Flood insurance?

Flood insurance is required for property situated in a Federal Emergency Management Agency (FEMA) designated zone. It is interesting to note that nearly one-quarter of flood claims are within moderate and minimal-risk flood zones.

The Bottom Line

While flood insurance is not bundled with a homeowner's policy, it can be obtained through local insurance agents, like Palm Valley Insurance, Inc. Our seasoned insurance agents are a source of valuable guidance when evaluating flood insurance options. Don’t wait until it is too late. The reality is, flood insurance policies have a 30-day waiting period before the coverage becomes effective.

If you are in the market for flood insurance or want to determine your flood insurance options, call Palm Valley Insurance, Inc. today!