Private Flood Insurance

Flooding causes more damage in the United States than any other severe weather-related event, an average of $5 billion a year. Flooding can occur in any of the 50 states of U.S. territories at any time of the year.

Private Flood Program

This Private Flood Insurance program is an alternative to the National Flood Insurance Program (NFIP).

Program Highlights

  • Provides the same coverage as NFIP
  • Limited underwriting criteria
  • Mortgage lender-approved policy
  • Additional living expenses available for qualifying risks
  • Elevation certificate NOT required
  • Available for all properties located in all flood zones
  • Higher limits than NFIP available – up to $1,000,000
  • NO WAITING PERIOD
  • Deductibles from $1000 – $10,000
  • More options for Replacement Cost coverage
  • Complete policies available within five business days

Flood Facts

FACT: Floods are the nation’s most common and costly natural disaster and cause millions of dollars in damage each year.
FACT: Homeowners & renters insurance does not typically cover flood damage.
FACT: Flood insurance can pay regardless of whether or not there is a Presidential Disaster Declaration.
FACT: FLOODS CAN HAPPEN ANYWHERE

FEMA has not identified all areas that may be at risk of flooding. Between 20 – 25% of flood insurance claims are from areas
OUTSIDE of the FEMA Special Flood Hazard Area in supposedly “low risk” areas

**Qver a 30-year mortgage, there is a 26% chance of a 100-year flood.
*Not all products are underwritten by Farmers Union Insurance

Private Flood Insurance
Red River Valley Flood - 1997

See more images of the 1997 flood at usgs.gov

Call (701) 757-5757

Learn about Special Event Insurance