Flood Insurance Information
Flood Safety
Insurance terms glossary
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Foremost Insurance for Specialty Homeowners
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Devastating floods can occur throughout the United States anytime of the year. Here are some things you should consider about floods and Flood insurance.

  • You don’t have to live by water to be at risk. Anywhere it rains, it can flood.  Approximately 25-30% of all flood claims occur in low- to moderate-risk areas.
  • Most Homeowners insurance policies do not cover flood damage — federal Flood insurance does. Flood insurance also covers damage from mud flow, dirt and debris resulting from moving water. 
  • A home in a high-risk area has a 26% chance of being damaged by a flood during the course of a 30-year mortgage. That same home only has a 9% chance of a fire.
  • In order to receive federal assistance in the event of a flood, the President of the United States of America must declare the flood area a federal disaster. Less than 50% of floods in the U.S. are classified as federal disasters.
  • The most common form of Federal disaster assistance is a loan that must be repaid with interest.
  • Flood insurance is affordable. Flood damage is not. In 2007 alone, flood insurance claims in the United States were nearly $600 million, with an average claim of $33,356. Compare this to the average annual flood premium of $540.

Now is the best time to buy Flood insurance. Call your Independent Agent today.

About the coverages described on this site: Your insurance contract is contained only in your policy, not in this Web site. Your insurance protection may vary from the coverages described here, depending on the standard coverages included in your policy and the optional coverages you purchase. Credit is only used by underwriting or rating where allowed by state law. We use credit-based insurance scoring in some cases. *Coverage may not be available in all areas.