Learn
Concierge Insurance. From Start to Claim.
FEMA defines a flood as "A general and temporary condition of partial or complete inundation of 2 or more acres of normally dry land area or of 2 or more properties (at least 1 of which is the policyholder's property)."
If you see the need in protection agains flood losses, you must purchase a separate policy just for flood.
A flood insurance policy can cover both your residence and its contents. The National Flood Insurance Program’s building coverage includes foundations, electrical and plumbing systems, and water heaters. An NFIP contents coverage policy would cover clothing, furniture, personal electronics, and portable and window air conditioners.
Even if you do not own your home, a flood can still destroy everything you own. This is why renters have access to flood coverage as well.
Business owners can purchase flood coverage for their buildings and contents, just like a homeowner can.
In August of 2004, Tropical Depression Gaston slowly meandered it's way across Virginia, dumping about a foot of rain on Richmond and surrounding counties.
Such a deluge of water in a small area led to catastrpohic flooding in areas that were typically not prone to flooding.
