Flood Insurance

Protect your property from the nation’s most common natural disaster with Flood Insurance from Florida Family

Just an inch of flood waters can cause significant damage to your property, and a standard homeowners insurance policy does not cover flood damage, so it's important to make sure you are protected.

Florida Family offers flood insurance in addition to homeowners, condo, and rental property policies. Getting both your homeowners and flood coverage through Florida Family simplifies the process, and offers you peace of mind knowing you are fully protected from major perils such as hurricanes, fires, and flood waters.

Florida flood insurance policies are offered to most homeowners, condo owners, and renters. Coverage is backed by the National Flood Insurance Program (NFIP) and administered by the Federal Emergency Management Agency (FEMA). Flood insurance rates depend on many factors, including the date and type of construction of your home, along with the level of risk associated with your building and location. 

→ Find an agent in your area to guide you through the process


Cost and requirements

Premium cost calculation

Flood insurance is available to a variety of property owners, including homeowners, rental, and commercial. Premiums are calculated based on a number of factors:

  • Year of building construction

  • Building occupancy

  • Number of floors

  • Number of units (if a condo or rental property)

  • Location of contents

  • Flood zone

  • Location of the lowest floor in relation to the elevation requirement on flood map (newer buildings only)

  • Deductible chosen

  • Amount of building and contents coverage

Requirements based on risk

The amount of flood insurance required for your property is based on your flood risk.

Residents of High-Risk Areas

Homes and buildings in high-risk flood areas with mortgages from federally regulated or insured lenders are required to have flood insurance. These areas have a 1% or greater chance of flooding in any given year, which is equivalent to a 26% chance of flooding during a 30-year mortgage.

Residents of Moderate-to-Low Risk Areas

Homes and businesses located in moderate-to-low risk areas that have mortgages from federally regulated or insured lenders are typically not required to have flood insurance. However, Florida Family highly recommends flood insurance because any home can be financially vulnerable to floods. People outside of high-risk areas file over 20% of NFIP claims and receive one-third of disaster assistance for flooding.

For more information on flooding and flood insurance:

National Flood Insurance Program (NFIP)

The NFIP provides flood insurance in more than 20,000 communities across the United States.

→ floodsmart.gov

Federal Emergency Management Agency (FEMA)

Part of the U.S. Department of Homeland Security (DHS), FEMA works to prepare for, protect against, respond to, recover from, and mitigate all hazards.

→ fema.gov

Insurance Institutes for Business and Home Safety (IBHS)

IBHS conducts objective, scientific research to identify and promote effective actions that strengthen homes, businesses, and communities against natural disasters.

→ disastersafety.org

Federal Alliance for Safe Homes (FLASH®)

FLASH® is the country’s leading consumer advocate for strengthening homes and safeguarding families from natural and manmade disasters.

→ flash.org

More coverage options from Florida Family: