Flood Insurance


Homeowners policies do not insure against flooding, so flood insurance must be purchased as a separate policy.  Whether you live in a high risk flood area or not, you should consider this valuable coverage to protect your home.

With several “hundred year floods” in the past few years impacting many communities across the U.S., homeowners who didn’t carry flood insurance have been left with overwhelming repair bills when their homes were extensively damaged by floodwaters.

Don’t join that statistic next time major rains hit your area. Ask your Comma insurance professional about adding flood coverage to your insurance plan today.

Why consider flood insurance for low-risk areas?

Sometimes it can be easy to think that your home is safe from flooding… until it isn’t. And when that happens, it’s too late to do anything about it. Most flood insurance policies require a 30 day waiting period, so if you call your insurance agent to add flood coverage when your local meteorologist advises there is flooding in the forecast, it will be too late.

Weather phenomena like El Niño, La Niña, and the ongoing discussion of the impact of climate change on weather patterns may make it a very wise decision to consider adding flood insurance coverage before it’s too late.

Here are some additional points to consider when deciding if you should consider buying flood insurance:

  • According to the Insurance Information Institute, when it comes to natural disasters in the U.S., flooding tops the charts as the most common and costly natural disaster.

  • Their study suggests the frequency of these storms is likely to increase, along with the severity of the storms.

  • The cost to repair a home that has been flooded can be extreme, and just because your mortgage company didn’t require you to carry flood insurance doesn’t mean they’ll forgive your home loan if your home is destroyed by a flood.

How to get flood insurance

Flood insurance is not included in homeowners insurance and must be purchased as a separate policy issued by the National Flood Insurance Program (NFIP) administered by FEMA. In addition, more and more private insurance companies are beginning to offer standalone flood policies.

For many homeowners, Comma is able to provide you with both FEMA and private options for flood insurance. Since FEMA policies are offered under a federal government program, pricing has been standardized, whereas pricing on private options varies by carrier.

NFIP flood policies offer:

  • Replacement cost coverage for structures up to $250,000, which pays to rebuild your home.

  • Actual cash value coverage up to $100,000 for personal possessions.

If your home or possessions are valued above those limits, your Comma Insurance agent can provide you with insurance quotes for additional coverage from private insurance carriers.

One thing to keep in mind: there is normally a 30-day waiting period from the time you apply for flood insurance until coverage takes effect, except in the event of a new home purchase.

Keep Track of What You Own

Today it is easier than ever to create a portable record of the things you own. In the event that a flood washes away your prized collection or a fire destroys your furniture and clothes, a home inventory will provide you with the information you need to quickly process your claim and replace those items.

The weather is constantly changing and it can be extremely costly to recover from floods. Contact Comma Insurance to protect your home against floods and other weather related disasters.

Let us help you protect the life you’ve built and find an insurance policy that is perfect for your peace of mind.