Flood Insurance
The legal definition of a flood, as defined by the The National Flood Insurance Program (NFIP), is as follows:
- A general and temporary condition of partial or complete inundation of 2 or more acres of normally dry land area or of 2 or more properties (at least 1 of which is the policyholder's property) from: —Overflow of inland or tidal waters; or—Unusual and rapid accumulation or runoff of surface waters from any source; or—Mudflow; or
- Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood as defined above.
- Anywhere it rains it can flood.
- Many conditions can result in a flood: hurricanes, broken levees, outdated or clogged drainage systems and rapid accumulation of rainfall.
- Just because you haven’t experienced a flood in the past, doesn’t mean you won’t in the future. Flood risk isn’t just based on history, it’s also based on a number of factors such as: rainfall, river-flow and tidal-surge data, topography, flood-control measures, and changes due to building and development. New development miles upstream can create flooding in your area.
- Flood insurance policies can cover physical damage to your property and possessions that result from a flood if you choose to set the policy up to extend to both the house and contents.
- Lallis & Higgins Insurance is able to assist your flood insurance needs, and even have access to a flood insurance program that offers a competitive rate to some owner occupied home in the AE Flood Zone.
Is your house in a flood plain?
Many homeowners simply do not know whether or not they are in a flood plain. Fortunately, FEMA has flood map service center portal that enables you to search on your address to locate the flood map in your area.
Looking for a flood map? Click here.
