A flood zone is a geographical area that has a high risk of flooding. Insurance companies often use them to assess risk and determine insurance rates.
Flood zones are typically categorized by the Federal Emergency Management Agency (FEMA) based on their flood risk:
It’s important to note that flood damage is often not covered by standard Homeowners or Renters insurance policies. To protect your property, you may need to purchase a separate Flood insurance policy.
By understanding flood zones and their impact on insurance, you can make informed decisions about your coverage and protect your property from potential damage.
At PSIC, we understand the importance of protecting your property. That’s why our standard property insurance policies, including Homeowners, Mobile Home, and Landlord policies, offer comprehensive coverage for a wide range of perils. However, it’s important to note that these policies typically don’t include coverage for flood damage.
We recommend purchasing a separate Flood insurance policy to safeguard your property. It can provide financial protection in the event of a flood, regardless of your property’s location within a flood zone.
To ensure you have the right coverage, we encourage you to consult with your insurance agent. They can assess your specific needs and recommend the best insurance options to protect your property.
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Last updated: June 27, 2023
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