Flood damage can be devastating and most flood losses are NOT covered by your standard home or business property insurance policy. Whether you are located in a flood zone that requires you to carry flood insurance or if you are located in a zone where coverage is optional, virtually every property in Florida should carry flood insurance to protect against the damage caused by rising bodies of water.
Different flood policy fees apply to investment property than to primary residences so additional documentation demonstrating a property is your primary residence is required to qualify for the lower fees.
If your property is located in a Special Flood Hazard Area (SFHA), an elevation certificate issued by a licensed property surveyor is required to provide an accurate flood insurance quotation. Flood is specifically rated based on your building elevations in relation to neighboring properties.
There are a few areas designated as Coastal Barrier Resource Areas (CBRA) within Destin, Santa Rosa Beach, Mexico Beach and Port St. Joe. Properties located in these areas are ineligible for the National Flood Insurance Program however flood insurance can be secured through other markets such as Lloyds of London syndicates.
There are many factors to consider regarding flood protection. We are always happy to research and provide flood zone determinations for your property. Please be sure to ask one of our Florida licensed flood experts about this valuable coverage.
As the trusted choice for Florida flood protection, we offer:
Business Property coverage
Business Contents coverage
Residential Property coverage
Residential Contents coverage
Optional excess flood insurance for coverage limits above the FEMA federally subsidized program