Get a Personalized Flood Insurance Quote Today
Flood insurance is a financial protection policy that helps homeowners cover damages to their property caused by flooding. Most lenders require you to buy flood insurance if the property you want is located in a Special Flood Hazard Area (SFHA) as designated by the Federal Emergency Management Agency (FEMA). Homes in these areas are at a higher risk of sustaining significant damage or complete loss due to flooding.
Insider Tip:
Most homeowners insurance policies do not automatically include flood insurance, so it’s crucial to obtain it separately if you want coverage against potential flood-related damages to your property.
What does flood insurance cover?
Typically, flood insurance covers the following:
| Flood Insurance Covers | Flood Insurance Does Not Cover |
| Home Foundation and Structure | Patio or Deck Damage |
| Appliances | Swimming Pool Damage |
| HVAC Systems | Vehicles |
| Electrical and Plumbing | Damage to Sewer Lines |
| Carpet and Flooring | Landscaping |
| Debris Removal | Mold or Termites Caused by Water Damage |
| Personal Property | Stock Certificates |
Insider Tip:
Flood insurance policies typically take effect 30 days after the policy purchase date. Veterans United Insurance can help you quickly find a policy that sufficiently protects your property and belongings against flood damage.
Get Connected with an Agent Today!
Don’t hesitate to reach out to one of our insurance agents experienced in serving the unique needs of military families.
Why Choose Veterans United Insurance?
The level of flood insurance coverage you need can vary greatly depending on your location in the country. Whether you live in a coastal area that experiences extreme storms or inland where ice melts causes flooding, our Veterans United Insurance team is here to help.
Working alongside Veterans United Home Loans, the #1 VA lender in the country*, we are committed to providing comprehensive protection for your home and belongings.
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Flood Insurance Frequently Asked Questions
How much does flood insurance cost?
According to FEMA, flood insurance typically costs less than $1000 annually.
However, how much your flood insurance costs will depend on your property location and home value. Understandably, homes in high-risk flood zones have higher insurance premiums than properties at lower risk.
Get Connected with an Agent Today!
Don’t hesitate to reach out to one of our insurance agents experienced in serving the unique needs of military families.
Who needs flood insurance?
Whether you need flood insurance depends on where your home is located and whether you are within or near a high-risk flood zone. If you have recently purchased a home in a high-risk flood area, your lender will let you know right away if you need flood insurance.
If you’re still unsure, you can always contact a flood insurance company and speak to a licensed agent who can give you a clear answer.
According to FEMA, just one inch of water can cause $25,000 in damage to your property.
Whether you live near a river known for overflowing or in an area that experiences extreme rainfall, flood insurance may be highly recommended for your location.
How does flood insurance work?
Once you purchase your policy through a flood insurance company, your property is protected against flooding.
In the unfortunate event that floodwater damages your home, you can contact your insurance provider by phone, online, or on their mobile app. They will ask you for specifics regarding the nature of the damage, and in most cases, they will send an adjuster to calculate the extent of the loss.
Your flood insurance company will guide you through your claim until the end. Once you receive your settlement, you can apply those funds to repair your home and replace damaged or lost belongings.
