How much flood insurance is required

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How much flood insurance is required
Posted On: August 25, 2020

When you ask how much flood insurance is required, the answers will vary depending on your situation. Flood insurance costs are calculated on a few factors, such as the value of your home and valuables, the flood risk level and if you purchase it from the NFIP or a private insurance company.


Flood insurance through the NFIP is cheaper than insurance through a private company. However, if your home is worth more than $250,000, you must purchase flood insurance from a private insurance company, as the NFIP only covers homes up to $250,000. At Holt Flood Insurance, we work with the NFIP and several private flood insurance companies. And if you need to know what company works for your situation, we can help you. With over 30 years of flood insurance experience, there hasn't been an issue we couldn't solve.


So, how much flood insurance is required? The best way to get an accurate quote is to find out how much your home is worth and take an inventory of the belongings in your home, a description and their value. But remember, you will want a policy equal to what your home is worth.


For more information on how much flood insurance is required, visit our website or call us at (540)809-1415. Contact Holt Flood Insurance today. We will answer any questions you may have.


Re Posted From: How much flood insurance is required

Holts Flood Insurance


[BACK]
How much flood insurance is required
Posted On: August 25, 2020

When you ask how much flood insurance is required, the answers will vary depending on your situation. Flood insurance costs are calculated on a few factors, such as the value of your home and valuables, the flood risk level and if you purchase it from the NFIP or a private insurance company.


Flood insurance through the NFIP is cheaper than insurance through a private company. However, if your home is worth more than $250,000, you must purchase flood insurance from a private insurance company, as the NFIP only covers homes up to $250,000. At Holt Flood Insurance, we work with the NFIP and several private flood insurance companies. And if you need to know what company works for your situation, we can help you. With over 30 years of flood insurance experience, there hasn't been an issue we couldn't solve.


So, how much flood insurance is required? The best way to get an accurate quote is to find out how much your home is worth and take an inventory of the belongings in your home, a description and their value. But remember, you will want a policy equal to what your home is worth.


For more information on how much flood insurance is required, visit our website or call us at (540)809-1415. Contact Holt Flood Insurance today. We will answer any questions you may have.


Re Posted From: How much flood insurance is required

Holts Flood Insurance


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