Insurance Tip

Premiums for flood insurance do not change from company to company; they are set by FEMA and are based on risk of flood damage.

The Facts:

  • Floods are the #1 natural disaster in the U.S.
  • The average flood insurance claim in recent years is $35,000
  • From 2002-2011, total flood insurance claims in the U.S. averaged nearly $3 billion annually.

Flood protection is NOT covered in your homeowners policy and must be purchased separately.

Flood insurance won't ever pay out any more than the exact amount of the policy.

What events does flood insurance cover?

Flood insurance covers physical damage to structures affected by flooding from runoff following heavy rainfall and any damage caused from erosion due to currents or uncommon water cycles (for example, if your home is built along a shore that collapses due to waves, currents or rising water).

Our agents are knowledgeable about flood insurance for Georgia and South Carolina communities and will help you determine your need for flood coverage.