It depends on whether you choose a private policy or a policy through the National Flood Insurance Program (NFIP). Coverage limits, basement contents, additional living expenses, and more, can all vary drastically . If you opt for an NFIP policy, $250,000 is the maximum coverage available for your home. If you're unsure which policy to choose, call us! We're happy to help.

The difference between what is covered under the homeowner's insurance and what is covered under this policy really depends on the source of flooding. If the flooding is an accumulation of surface water from outside your property a flood policy is meant to cover this. If it is natural water entering from an opening in the roof, walls, or windows or if the water is processed tap water that leaks from your water pipes or appliances (water heater, washer), it should be covered under most homeowners’ policies.

There is usually a 30-day waiting period before the policy
goes into effect, with some exceptions:

If you initially purchased food insurance while securing, adjusting, or renewing a loan for your property,  here is no waiting period. Coverage goes into effect when the loan is closed. If you live in an area newly affected by a food map change, review your options with your insurance agent.

Additionally, the 30-day waiting period may not apply if your property experiences food damage caused by
wildfre in your community. For more information on the Post-Wildfre Exception, please visit fema.gov/wildfres-you-need-food-insurance.

Keeping these exceptions in mind, plan ahead so you are not caught without insurance. The policy does not cover losses caused by a food that occurred prior to the policy
becoming effective. In addition, you cannot increase your insurance coverage once a food has begun.