Insights

We quote NFIP + eight private programs. If private is significantly cheaper, we present both options to your borrower. This:

*Measured from 16 policies we’ve written in Georgia. All-in cost includes base premium + federal policy fee + reserve fund assessment. Coverage: $250,000 building, $5,000 deductible, owner-occupied.

Washington has major flood risk from Pacific rivers (Columbia, Snake, Snoqualmie, Green) and coastal areas (Puget Sound, Washington Coast). Common zones:

Florida has three flood threats that stack: storm surge from hurricanes, riverine flooding, and heavy rainfall with poor drainage (high water table, flat terrain). This is why 60% of Florida homeowners have mandatory coverage.

No. Flood insurance cannot be sold everywhere, and the reasons are structural rather than commercial. Federal flood insurance is only available in communities that participate in the National Flood Insurance Program, and in some coastal areas federal cover is prohibited by law regardless of who wants to buy it. Private flood insurance reaches into several…

An NFIP flood policy cannot be dropped because you filed a claim. A private flood policy can be, and usually is. That single difference is the most important thing to understand about who is insuring you, and it runs in the opposite direction to almost every other comparison between the two. Here is exactly when…

The short answer: flood insurance is required in any FEMA high-risk flood zone whose code starts with the letter A or V — but only when your property carries a mortgage from a federally backed lender. Below is the full zone-by-zone breakdown, who actually enforces the rule, and why “not required” never means “not at…

If you’re buying or refinancing a home, your lender may have just told you that flood insurance is required — and you’re wondering whether that’s really true. The short answer: it depends on your flood zone, your mortgage type, and your lender’s policy. Here’s exactly when flood insurance is required, when it’s merely strongly recommended,…

Hiscox FloodPlus is a private flood insurance product written through Lloyd’s of London syndicates and placed by appointed agents rather than sold direct. It is one of the programs we quote against the NFIP, and on the right home it wins for a specific, structural reason: it is not bound by the federal program’s rules….