Private Flood Insurance 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
