Floods can occur anywhere and anytime, even in places where you would think it could never happen. Damage from a flood can be extensive and costly to repair.
Flood insurance can offer you lots of protection. It covers damage from heavy or prolonged rain, coastal storm surge, melting snow, blocked storm drainage systems or other similar causes. It gives you coverage that’s not available through home or business insurance.
Many people think that flood damage is covered by their home or business insurance policies—it’s not, and that could be a costly assumption. Thinking about all that you could lose in a flood, insurance coverage is a smart and safe choice.
Flood insurance is available for homes, apartments, manufactured homes, condos and businesses. IR Insurance offers flood coverage through a partnership with American Bankers Insurance Company, a federally funded flood carrier. If you ask around, you’ll find out that IR has been offering great coverage and service for a long time—over 90 years, in fact. With help from our agents, we can help get you covered.
Flood insurance1 helps cover damage to your building or personal property. It can help cover things like:
To help ease your worries about flood cleanup, which can be a tough process with lots of mud, flood insurance also offers coverage for debris removal.
If you rent, you can get coverage just for your personal belongings.
Flood insurance rates vary, depending on how much coverage you buy, what you need to cover and your property's flood risk. For example, the average annual coverage cost through the National Flood Insurance Program is low—between $600 and $700 (less than $60 a month). It can be more in higher risk areas. Get in touch with an agent to determine your exact costs.
If you’re thinking about adding the coverage, don’t put it off. Whether you work with the Federal Emergency Management Agency’s National Flood Insurance Programn or us, there’s a 30-day waiting period before your policy will go into effect.
A local IR agent can provide you with a quote and more information about the policy details. Because of the waiting period, it’s best to start the process as soon as you can.
1Covered property that is damaged due to a covered cause of loss will be settled at Actual Cash Value until repaired or replaced with material of like kind and quality and intended for the same use. See individual policies for specific coverage details. Certain terms and limitations may apply. Refer to our disclaimer for more information.