Flood and Excess Flood Insurance

Often homes and vacation homes are more valuable due to their proximity to water, but that charm also leaves them at a higher risk from flood damage. And the fact is that almost one-third of claims received are for houses in low risk areas. Standard homeowner policies typically limit or exclude claims from flooding; in these cases a separate flood policy may required.

The appropriate form that your primary flood insurance should take is based on your location, the home’s elevation and whether the government designates the area as having a low, moderate or high risk of flooding. However primary flood insurance has limits in the hundreds of thousands of dollars and may never come close to covering the money it might cost to repair the potential damage to a luxury home. Making sure that an excess flood policy is in place after an emergency is critical for homeowners most at risk.

Our excess flood policies make the aftermath of a crisis easier because of the superior levels of service provided by our carriers and their knowledge and understanding of such situations.