Homeowners Insurance and Flooding Elmira NY

Homeowners Insurance and Flooding Homeowners insurance protects your home and possessions from damage and loss. But flooding is not covered by basic homeowners insurance policies, to the surprise of many homeowners.

Local Companies

Auto Home and Family Insurance
(607) 733-9677
723 Broadway St
Elmira, NY
American Independent Network Insurance Company of New York
(607) 732-3008
100 N Main St
Elmira, NY
Allstate Insurance
(607) 732-2133
966 Pennsylvania Ave
Elmira, NY
O'connell Kevin P Ins
(607) 734-6283
309 E Water St
Elmira, NY
Doug Griffin Insurance
(607) 734-5257
102 W 14th St
Elmira, NY
Swan Richard W Ins
(607) 734-6283
309 E Water St
Elmira, NY
Agency Stewart
(607) 734-6527
Elmira, NY
Tryon Willian A Ins
(607) 734-4291
100 W Church St
Elmira, NY
Elmco Llc
(607) 734-5773
100 N Main St
Elmira, NY
Coseo Agency Inc.
(607) 733-7931
1000 College Ave
Elmira, NY

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Homeowners Insurance and Flooding Homeowners insurance protects your home and possessions from damage and loss. But flooding is not covered by basic homeowners insurance policies, to the surprise of many homeowners. Flood insurance is a type of insurance policy backed by the federal government and designed in cooperation with the local community and private insurance companies.

When should flood insurance be purchased—and from whom? That depends on the location of your home. If your home lies on a hurricane-prone beachfront or an area susceptible to flash floods, you may not be able to purchase flood insurance at all. If your home is located in an area recognized as a flood zone with no fail-safe protection (such as a dam), you should get flood insurance.

If you live in a Special Flood Hazard Area (SFHA), you will be required by law to have flood insurance. If you live in a low-risk flooding area, it is not necessary to purchase flood insurance.

Premiums and deductibles for flood insurance can vary widely, depending on the value of the property being covered and its location. Flood insurance costs consumers at least a few hundred dollars a year.

The best place to find information regarding homeowners flood insurance is through FEMA's National Flood Insurance Program (NFIP). According to the NFIP, nearly $700 billion dollars of property was covered against flooding by this program in 1993. ...

Click here to read the full insurance article from Insureme.

Featured Local Company

MetLife Auto & Home

315-252-0694
55 Market Street
Auburn, NY


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