Cheap Flood Insurance 2023 from the Better Flood Insurance Agency.
Instant Online Flood Insurance Quote
Do You Currently Have an NFIP Policy?
If you already have an NFIP/FEMA flood insurance policy you need a Flood Nerd now. Unfortunately, we see many NFIP policies written by other agents that don’t know how to take advantage of the program. 85% are generalists that specialize in homeowners and auto policies. Their lack of knowledge can cost you thousands of dollars.
If you currently have an NFIP/FEMA policy you know how expensive premiums are getting – and how hard it is to pay your flood insurance renewal.
Stop stressing over flood insurance costs and the difficulty of finding coverage. Let a Flood Nerd do the legwork for you.
By working with a flood insurance agency that only deals with flood insurance, your chance of overpaying for flood insurance coverage is less. We can’t help with cheap car insurance, but we are the cheap flood insurance shoppers.
Do You Currently Have Private Flood Insurance?
Just because your policy is written by a private flood insurance company doesn’t mean it is cheaper than anything else out there.
The only way to truly see if you are getting a good premium is to let a Flood Nerd shop your flood insurance. The quote is free and all you have to lose is a high flood insurance premium.
Lloyds of London Flood insurance policies usually are less than NFIP policies, but sometimes a savvy Flood Nerd can get the government policy for less.
Homeowners Love Flood Nerds
Are you looking to buy a new home and just discovered it requires flood insurance? Is your homeowner’s insurance agent giving you a ridiculous price for flood insurance?
Don’t panic! The Flood Nerds help make your dream home a reality.
The Better Flood Insurance Agency is the flood insurance agency that shops for options in your area.
The Flood Nerds will get you a good flood insurance quote. The quote is free. There are no strings attached.
Loan Officers, Mortgage Companies, and Realtors Love the Flood Nerds
Flood Nerds understand the requirements for flood insurance for federally backed or insured loans. We know what you’re looking for! That’s why we make sure you have everything you need the first time around.
Flood Nerds help close loans on time.
The Flood Nerds make certain that flood insurance isn’t going to delay your closing. Oftentimes, we help close the loan earlier than expected because we get cheap flood insurance fast.
Private Flood Insurance versus the NFIP
Most people don’t realize there is a healthy private market for flood insurance. That’s because the federal government dominated the market for years. When you have no competition, you have no incentive to control costs.
When the government finally allowed competition, many of the big insurance companies like Allstate, Progressive, and State Farm started taking the NFIP policy and slapping their logo on it.
That’s not private insurance! And that’s not how to save money on flood insurance either!
The Flood Nerds know the REAL private flood insurance market. We know over 40 companies where we can shop to get you the good coverage and a good rate. We’ll even shop your policy through the Lloyds of London syndicates.
Then we compare those costs with the cost of the NFIP policy.
Private flood insurance policies can save you 20-50% over the government option.
It seems crazy that private flood insurance is cheaper, but that’s because most private flood insurance company have different underwriting practices, technology, and appetite for covering a property’s risk.
Do you have the time and energy to spend shopping for your flood coverage with every available insurance company? Of course not, unless you are a Flood Nerd.
Flood Nerds love to shop for flood insurance. We get an adrenaline rush and an endorphin high when we find cheap flood insurance and better flood insurance coverage for our clients.
Read more about the differences between the NFIP and Private Insurance
Why You Need Flood Insurance
You don’t wait until the house is on fire to buy fire insurance. Even if your lender doesn’t require you to have flood insurance, you may still need it.
Your homeowner’s policy doesn’t cover damage from rising water. That’s the costliest damage to repair. The average damage from a flood is $35,000.
One uncovered flood can wipe you out financially. It’s why so many houses are abandoned and foreclosed upon after a major flood.
Don’t Wait Until You See Water in Your Backyard To Buy Flood Insurance – It’s Too Late
Even if you have had a private flood policy for a while, it’s free to have a Flood Nerd shop for better coverage or a better price. You’ve literally got nothing to lose but a high premium!
You need flood insurance, but you need to protect your pocketbook as well. No matter where you live, the Flood Nerds are here. They know your area and they know how to save money on flood insurance, even if you live in a high-risk area.
Meet a Real Flood Nerd
I’m Robert Murphy, founder of Better Flood Insurance and the head Flood Nerd.
I am going to share with you the secret to getting a good price on your flood insurance.
Let a Flood Nerd do your shopping for free. It’s that simple.
It doesn’t matter if you’ve had coverage through the NFIP for years and are sick of the premiums or are buying a house and the lender wants flood insurance before you can close.
The Flood Nerds can help.
Fill out the Request for a Quote and we will start shopping right away.
I believe you should know your options when it comes to flood coverage so you can make a good decision. And you should feel confident you are getting a good price.
That’s why we Flood Nerds make this pledge.
I promise to get my customer good coverage.
I promise to find it at a good price.
I will make getting flood insurance a process that’s easy, fun, and stress-free as I can.
When you ask a Flood Nerd to shop your coverage we will look at options. Flood Nerds love to review your property and history and then get you a solution that could fit your needs.
My love for saving people money on flood insurance is what makes Better Flood Insurance the best flood insurance agency you will find, period.
How to Reduce the Cost of Flood Insurance
Start researching all 40 private flood insurance carriers.
Get frustrated and confused.
Contact a Flood Nerd for a free quote and let them do the work.
If your home’s flood map changes, buy your policy within 9 months of the map change to benefit from heavily subsidized NFIP premiums.
When buying a home that needs flood insurance, always ask the seller for a copy of the flood policy Declaration page. If they have a subsidized policy, a real flood insurance agent (a Flood Nerd!) can get you that same rate.
Adding an elevation certificate may help.
Flood vents may change the base elevation.
Talk to a Flood Nerd about flood mitigation strategies.
Changes to Your Property Can Lower Your Flood Risk
Sometimes making an adjustment to your property can reduce your NFIP flood insurance premiums. The Flood Nerds know a lot about this stuff too. Ask them about:
Elevating machinery or equipment above the base flood elevation (BFE).
BFE is how high the government says the floodwaters will go in the event of flooding.
When these items are below the BFE, you might pay a surcharge.
If your home is elevated either over a garage, enclosure, or crawlspace, consider adding flood vents. This takes the lowest floor out of the flood insurance rating consideration. But there’s a trick for this to work. The square inches of the holes must be equal to or greater than the square feet of the vented area. There are engineered flood vents that can be smaller openings but let more water pass under your living area.
Although this doesn’t affect flood insurance rates. You should consider flood damage-resistant materials, elevating machinery, and other techniques that can keep your home safer.
In extreme cases, you might want to reconsider the location of your house. Elevating your building may be expensive, but in some cases, you may qualify for government grants. If your home can’t be elevated then check out this link to see if this is an option for you.
Elevating your home 3 feet above the BFE can save up to 60% or more on your annual flood insurance premium. If you are 1 foot above the BFE it saves 30%. Here is a great resource to see if this option would work for you.
Sometimes your community can do some FEMA flood mitigation that will allow you to get community discounts. See if your community has discounts here.