![]() ![]() If you live in a low-risk area, you may qualify for some of the lowest premiums available through the National Flood Insurance Program (NFIP). Each year about 25 percent of all flood claims are filed by people who live in low-to-moderate risk areas.ĭon't take an unnecessary risk with your home. Low-Risk Flood AreasĮven if you live in a low-risk flood area, your home may still be at risk. Since homeowner's insurance does not cover flooding, it's important to have protection from the floods associated with hurricanes, tropical storms, heavy rains and other conditions that impact South Carolina.Ī flood insurance policy offers coverage for both the structure (your home) itself and your personal property, including furniture, electronic equipment and other items that can be damaged by flooding. ![]() Statistics show that during the course of a 30-year mortgage, a home is three times more likely to be damaged by a flood than by a fire.īecause all it takes is a few inches of water to damage your home and its contents, it is important that you get covered. A Farm Bureau Insurance agent can also answer questions you may have about an existing flood policy. Your Farm Bureau Insurance agent can assist you with purchasing a flood insurance policy for your home in South Carolina, whether it's near the coast or in the Upstate. A separate policy must be purchased through the National Flood Insurance Program. Your homeowner's insurance does not cover damage caused by flooding. No matter where you live, the fact is everyone should be concerned about flooding. If you already have a separate flood insurance policy, it’s important to review it annually to make sure you have enough coverage for your home and its contents.įor more information on Flood insurance, contact a Farm Bureau Insurance agent.You may not be worried about damage from flooding because you don't live near the coast or another body of water. Remember, it takes 30 days after purchase for a flood policy to take effect. That’s why it is especially important that you purchase a flood policy before severe weather threatens your area. Typically, there is a 30-day waiting period before a new flood policy or changes to an existing policy are effective. If you live in a low risk area, you may qualify for some of the lowest premiums available through the National Flood Insurance Program (NFIP). Each year about 20 percent of all flood claims are filed by people who live in low-to moderate-risk areas.Īll it takes is a few inches of water to damage your home and its contents.ĭon’t take an unnecessary risk with your home. Flood Insurance for Low-Risk AreasĮven if you live in a low-risk flood area, your home may still be at risk. Your agent can help you get a flood insurance policy through NFIP and an excess flood insurance policy to make sure you have the right amount of coverage. If you need additional coverage, you may purchase an excess flood policy. Coverage is limited up to $250,000 on the structure itself, and contents coverage is limited up to $100,000. It is important to understand the limits of coverage available under a standard flood policy. Coverage for both the building and contents. ![]() When buying a flood policy you may select from several coverage options including: What Flood Insurance CoversĪ flood insurance policy offers coverage for both the structure (your home) itself and your personal property, including furniture, electronic equipment and other items that can be damaged by flooding.Ĭlick here to find out more about what’s covered by Flood Insurance. Since homeowner’s insurance does not cover flooding, it’s important to have protection from poor drainage systems, rapid accumulation of rainfall, snowmelt, and broken water mains. Statistics show that during the course of a 30-year mortgage, a home is three times more likely to be damaged by a flood than by a fire.īecause all it takes is a few inches of water to damage your home and its contents, it is important you are covered. Get a Free Flood Insurance Quote The Importance of Flood Insurance Our agents can also answer questions you may have about an existing flood policy. Your Farm Bureau Insurance agent can assist you with purchasing a flood insurance policy for your home. Your homeowner’s insurance does not cover damage caused by flooding. Your local agent can tell you if your home is at risk, and if flood insurance is something you should consider. The fact is that flooding does happen, and you need to be prepared if it does. Or maybe you assume your home is already covered for water damage by your homeowner’s insurance policy. You might not be worried about damage from flooding because you don’t live near the coast or another body of water. ![]()
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