Flood Insurance

Flood Insurance in North Carolina

What is Flood Insurance?

Flood insurance provides coverage in the case of property loss due to flooding - as defined by the National Flood Insurance Program as a "general and temporary condition where two or more acres of normally dry land or two or more properties are inundated by water or mudflow."

Traditional homeowner’s insurance policies do not cover property damage caused by flooding.

All Water Damage is Not Created Equal

Water damage to your home caused by a leaky roof or a broken water heater will likely be covered by your homeowner’s policy.  However, this same policy will not cover loss inflicted by a hurricane which causes a riverbank to overflow and damage your home.

Risk Factors

Living in a floodplain is not the only risk factor for flood damage

While some areas are naturally more susceptible to flood damage, it is possible to sustain such damage almost anywhere. Hurricanes (or any instances of heavy rainfall), broken levees, and old or faulty drainage systems are all situations which may lead to flooding.

Do you have the coverage you need? Contact one of our experienced insurance agents in North Carolina to learn more.