Flood Insurance Information

Property owners in flood hazard areas are often unaware of the risk of floods and do not carry adequate flood protection insurance to cover potential losses. An important fact to know is that 25% of all flood insurance claims paid throughout the nation are for homes located outside of a designated flood hazard area. Flood insurance is available for all buildings including:
  • Non-­residential and commercial buildings
  • Single family homes
  • Town homes and condominiums
In fact flood insurance is even available for people renting apartments to cover the loss of their possessions.
  1. Insurance & Packages
  2. Obtaining a Policy

Packages & Other Insurance


Your regular homeowner insurance will probably cost more since it needs to cover the replacement of the home and contents if it is totally destroyed by a fire or tornado. However since most flooding in this area of the country results only in damage to instead of totally destroying a home, the amount of flood insurance coverage need only to cover the cost of any expected damages. Several combinations of building and content protection or content only are available.

Coverage


Since most flood damages in Indian Head Park are a result of flooded basements, it is important to know what flood insurance does and doesn't cover.
  1. What Insurance Covers
  2. What is Not Covered
  3. Optional Coverage
  4. Sewer Backups

Knowing What Insurance Covers


  Under a basic building damage coverage, some of the things it will pay for in a basement includes:
  • Central air conditioners
  • Electrical outlets
  • Furnaces
  • Hot water heaters
  • Insulation
  • Staircases
  • Structural damage
  • Sump pumps
  • Switches and circuit breaker boxes
  • Unpainted drywall for walls and ceilings
  • Water softeners

More Information


To view the Standard Flood Insurance Policies for dwellings and for general property to see exactly what it covers and the terms of the coverage go to the FEMA website.