Floods are the most common natural disaster in the United States. In California, we have many areas that are low lying and susceptible to flooding. In addition to that, we have coastal areas that are susceptible to tsunami and tidal waves, which are considered forms of flooding. California Floods are not covered by your homeowners or commercial property coverage. Flood insurance is a coverage that must be purchased separately.
If you live in a special flood hazard area and have a loan on your property, your lender will require you to obtain flood insurance. But don’t worry, despite what you may have heard, flood insurance rates are not a deal killer. In addition to the National Flood Insurance Program (NFIP), we have several Private Flood Insurance Programs. Premiums for private flood insurance in California can be as much as 50% less than the NFIP. Did you know that if you don’t live in a special flood hazard area, that there is a preferred risk program that provides flood coverage for pennies on the dollar? Call our office or fill out a quote request below for all of your flood insurance needs.