Flood Insurance in Florida

Flood insurance is an extra type of insurance designed to protect the insured from losses that occur in the event of a flood. It is not typically included in a standard homeowners policy, so it must be purchased separately if desired. 

Flood insurance can help cover your home, its contents, and other structures on the property, such as sheds, garages, and fences, from the damages of a flood. It can also help cover furniture, appliances, and other items within the home.



In Florida, flood insurance is required for homeowners who have a mortgage on their property and live in an area considered to be at high risk for flooding. Even those who do not have mortgages may wish to purchase flood insurance to protect their property from potential flood damages. In addition, some businesses also may be required by lenders or landlords to have flood insurance if located in an area with a high risk for flooding.

Yes, you need flood insurance in Florida if your home or property is at risk of flooding. Even if you are not in a high-risk flood zone, it’s important to consider the possibility that your area could be impacted by a natural disaster such as a hurricane or tropical storm. 

Additionally, even properties located in low-risk areas can still benefit from the added protection provided by a flood insurance policy. 



Ultimately, purchasing flood insurance in Florida is an effective way to protect your home and belongings against potential loss caused by flooding disasters.

Flood insurance typically covers the building (structure) and its contents against direct physical losses caused by flooding. It can help cover damages resulting from a storm surge, overflowing rivers, surface water, and mudflow. Other items typically covered under flood insurance include:

• Structural damage to your home, including walls and ceilings
• Appliances such as refrigerators, washers, and dryers
• Furniture and personal belongings
• Detached garages, sheds, and fences
• Debris removal

It’s important to note that flood insurance does not typically cover the cost of repairs due to water damage from a leaking roof or plumbing system. Additionally, it does not cover mold remediation costs or the replacement of valuable items such as artwork and jewelry.

The cost of flood insurance in Florida varies depending on a number of factors which include:

• The amount of insurance coverage: The amount of insurance coverage will affect the cost of your flood insurance policy. Generally, higher amounts of coverage will lead to a higher premium. It is important to choose an appropriate level of coverage that will adequately protect your property in a flooding disaster.
• The location and elevation: The location and elevation of your property can also affect the cost of your flood insurance policy. Properties located in high-risk flood zones or particularly vulnerable to flooding will typically be more expensive to insure. Additionally, properties built at a lower elevation may be subject to higher premiums due to their increased risk.
• The type of building: The type of building you are insuring can also impact the cost of your flood insurance. Older homes, for example, may require more expensive coverage due to their increased vulnerability to flooding. Additionally, if the property contains special features such as a swimming pool or an elevator, additional premiums may apply.
• Deductibles: Selecting a deductible will also affect the cost of your flood insurance. Higher deductibles lead to lower premiums, while lower deductibles may result in higher premiums. Consider the amount you can afford to pay out-of-pocket and choose an appropriate deductible for your policy.
• The age and condition of the property: The age and condition of the property can also influence the cost of flood insurance. Older properties or those with existing damage may be subject to higher premiums, while newer properties with good maintenance may benefit from lower premiums. Additionally, if repairs or renovations are made to improve the property’s resistance to flooding, this can help to reduce the cost of your policy.

The average annual premium for a standard flood insurance policy is $562, but these rates can vary significantly based on the abovementioned factors. It is important to speak with an insurance specialist such as Bellken Insurance to determine the best coverage and premium for you.

Flood insurance in Florida works similarly to other types of property insurance policies. Generally, the policyholder pays an annual premium and is responsible for a deductible before the coverage kicks in. If a flood occurs and causes damage to your property, you can file a claim with your insurance company. 

Once the claim is approved, they will reimburse you for the losses up to the limits of your policy, minus any applicable deductibles.



It’s important to note that there is typically a 30-day waiting period from the date of purchase before flood insurance coverage takes effect in Florida. Additionally, once you have purchased your policy, it will remain in effect until you decide to cancel it or allow it to lapse for nonpayment.

Filing a claim with your flood insurance in Florida is relatively straightforward. Here are the steps to follow:

1. Contact Your Insurance Company Immediately: The first step after a flood occurs is to contact your insurance company as soon as possible. They will provide detailed instructions on filing a claim and can also help answer any questions you may have.
2. Document Your Losses: Once you’ve reported your claim, your insurer will send out an adjuster to inspect the damage and determine the extent of the losses. It’s important to take pictures or videos of all affected areas so that you can provide documentation when filing your claim.
3. File Your Claim: After your adjuster has evaluated the damage, you’ll need to submit a detailed claim form with all your supporting documentation. Be sure to be as accurate and thorough as possible to maximize your coverage.
4. Review and Sign Your Settlement Offer: Once your claim is processed, you’ll receive a settlement offer. Be sure to review this carefully and ask any questions you may have before signing it.
5. Receive Your Settlement Payment: Once the paperwork is finalized, your insurer will process your payment. Depending on the complexity of your claim, this process can take anywhere from several weeks to a few months.

Understanding how to file a claim with your flood insurance in Florida is critical to ensuring that you receive the coverage you’re entitled to.

What is the NFIP?

The National Flood Insurance Program (NFIP) is a federally-backed program that provides flood insurance to homeowners in participating communities. It’s administered by the Federal Emergency Management Agency (FEMA).

Is flood insurance required in Florida?

Flood insurance is not required in all parts of Florida, but it’s highly recommended for those located in high-risk flood zones. It can help provide peace of mind that you’re covered if your property is damaged by flooding.

Is my flood insurance coverage the same as my homeowners insurance?

No, flood insurance is separate from your homeowners insurance. While both provide financial protection in the event of a disaster, they cover different types of losses and have their own rules and regulations.

What’s the best way to help lower my flood insurance premiums?

The best way to help lower flood insurance premiums is by taking proactive steps to protect your home from flooding. This includes elevating utilities, installing flood barriers and sump pumps, and more. You can also talk to your independent insurance agent about bundling policies or taking advantage of other discounts that may be available.

WBellken Insurance Group is here to help you make the most informed decision about your flood insurance in Florida. Our knowledgeable agents are available to answer any questions you may have and assist you in navigating the process. 

Whether it’s helping you understand the NFIP or exploring ways to lower your premiums, Bellken Insurance is dedicated to providing exceptional customer service. 



Contact us today to learn more and get the coverage you need.