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Is private flood insurance better than NFIP / FEMA, aka the government option? If you are wondering if the private flood is better than FEMA flood insurance and are interested in a comparison, you have come to the right spot. As a Flood Nerd™, we have some ideas of which is better, depending on the circumstance or preference. For most of our clients, however, it comes down to price. Often the NF…Read More

Can I cancel my flood insurance and get a refund check? FEMA says that canceling flood insurance coverage can be terminated at any time. Still, they make it really hard to do so because of the federal law that requires flood insurance for any property with a mortgage.  The NFIP has 14 “reasons” that they allow property owners to cancel an active flood policy.  The building is sold or removed…Read More

Yes, you can get flood insurance on a rental property? Your step-by-step guide and plan to getting flood insurance on a rental property. As a landlord, ensuring you have the correct insurance to cover your asset and investment is important. However, many landlords forgo buying flood insurance on their rental property, which hurts their financial future, and don't make this same grave mistake. One…Read More

Can you get flood insurance on a mobile home? The number of decisions we make in a day is bewildering. What to wear, what to each, who to focus our attention on, and what. And we solve countless problems every day at work and at home.  Naturally, we intend to keep up on our goals, relationships, bills, investments, and insurances. Although we don’t often think about insurance until we need it. …Read More

Can you get flood insurance in New Orleans?  50% of greater New Orleans lies above sea level. That's good news! You read that statistic correctly.  50%.  Said another way – and maybe a bit more jarring: Half of New Orleans is below sea level, and development is why. While there are many reasons why the original French settlers built New Orleans on the natural high points along the Mississippi…Read More

If it rains, it can flood. In Florida, the flood risk is higher because of the state's frequency of storms and surrounding waters. Homeowners' policies do not cover flooding.  Flood insurance is an investment in your financial future. One inch of water can cause $25,000 in damage, growing yearly.  A flood policy can cover both your structure and your contents. Any coverage is better than nothing…Read More

Can you get flood insurance in a flood zone? Yes, most properties in the US are mapped into a  flood zone. Flood zones geographic maps FEMA has defined according to the bearing levels of flood risk.  The Flood zones are depicted on flood insurance rate maps that FEMA creates, and each zone will reflect the severity of the risk of flooding.  You can get flood insurance in a B or X(shaded) f…Read More

Can you get flood insurance for an apartment?  The answer is Yes to both. You can get flood insurance if you are renting an apartment. And Yes, if you own an apartment building, you can and should get flood insurance to cover your investment and assets.  The difference in flood insurance for an apartment is if you are renting or the owner of the building.  First, let’s address if you are rent…Read More

Can you get flood insurance without homeowner insurance Flood Insurance is a stand-alone insurance policy that only covers flooding. Most homeowners’ policies exclude flooding from what they will cover. This question concerns us because we believe everyone should have varying insurance to offset their financial risk. Not having basic homeowners is quite risky. We have heard that statically there…Read More

Can you get flood insurance without an elevation certificate? Elevation certificates were the only way that the NFIP had real data on your properties because of their archaic maps and practices. And since they were a monopoly for 50 years, they used to force policyholder’s compliance and, in particular, forced structures built after 1973 to have an elevation certificate to get flood coverage. Th…Read More