What is a flood?
Flood is defined a "rising water". To be considered a flood, the waters must cover at least two acres or affect at least two properties.
Flood Insurance provides protection against financial devastation and damage caused by floods. It does not take much water damage to cause serious damage; resulting in hundreds or even thousands of dollars in restoration and repair costs.
Standard Flood Insurance:
If your home or business is determined to be in a flood zone by the National Flood Insurance Program (NFIP) then your dwelling and personal property can covered by a standard flood insurance policy. Your building and contents coverage's are separated in this insurance policy.
Preferred Risk Flood Insurance:
If your home or business is in a moderate-risk or low-risk zone, your building and/or contents may qualify for a low-cost preferred risk policy. As a preferred risk zone you are not required to purchase flood insurance in low-to-moderate risk areas, a preferred risk policy will protect your home and its personal property if you are affected by any magnitude flood.