Flood Insurance

Coverage for a Rainy Day

Believe it or not, flood is a much greater threat to your home than fire.  In fact, homeowners are four times more likely to experience flood damage than fire damage.  And what's more, standard homeowners policies do not cover flood damage.

Even if you don’t live near water, your house can be at risk.  In fact, one out of every four flood claims stems from an area not considered to have a high or even moderate risk of flooding.  What’s worse, flood damage is not covered by standard homeowners policies.  And even if you become eligible for federal disaster relief funds, what you will get is a loan that must be paid back. 

Coverage is available that is financially backed by the National Flood Insurance Program (NFIP).  Federal flood insurance protects your buildings and contents from damage caused by rising water associated with flooding.  Coverage includes:
• Structural elements, including walls, floors, equipment and fixtures
• Contents such as furniture, appliances, carpeting and wall and floor coverings
• Personal items like clothing, audio equipment and televisions 
• Limits up to $250,000 for dwellings and $100,000 for personal property; ask your USI Affinity representative about higher limits that may be available through certain carriers
• Contents such as furniture, appliances, carpeting and wall and floor coverings
• Personal items like clothing, audio equipment and televisions

Flood Facts:
• 25% of all flood claims occur in low- to moderate-risk areas
• Floods can result from broken water mains, leaking tanks, and runoff, in addition to melting snow, rainstorms and other natural causes.
• More than 80% of all declared natural disasters involve floods.
• Most forms of federal disaster assistance require Presidential declaration, which is issued in less than 50% of all flood incidents.
• All standard homeowners and condominium insurance policies do not cover flood damage.