How and Why to Buy
- The National Flood Insurance Program: The NFIP is a federal program which has paid over $30 billion in flood insurance claims since its establishment in 1969. How does the program work?
- Mandatory Insurance: If you live in a Special Flood Hazard Area (SFHA), defined as the area within a “100-year flood zone,” (see “What Are Floodplains?") you must purchase flood insurance for the duration of any federally backed or regulated mortgage.
- SFHAs are designated as an A or V zone on a Flood Insurance Rate Map (FIRM). To learn more about FIRMs and other floodplain maps, click here.
- How to Buy: You can only purchase flood insurance through an insurance agent or an insurer participating in the NFIP. If your insurance agent does not sell flood insurance, you can contact the NFIP Help Center at 800-427-4661.
- Why Buy? No home is immune to flooding, and just one inch of water can cost more than $25,000 in damages - why risk it?
- Myths and Facts: Too many people are misinformed about who can buy flood insurance and why they should do so. Did you know that homeowner's insurance does not cover flooding?
- To Learn More please go to the National Flood Insurance Homepage or FEMA's FloodSmart.