Complete Protection for your Home, Business, and Assets
Flood insurance is issued through the National Flood Insurance Program (NFIP), which is a part of the Federal Emergency Management Agency (FEMA). One must reside in an area that qualifies for flood insurance coverage in order to purchase policies. Almost any area in the United States qualifies, so meeting federal requirements is generally not difficult. Coastal Barrier Resource Systems (CBRS) are the only areas in the US that currently cannot qualify for flood insurance.
The federal government issues flood damage coverage, but one can purchase it through an independent insurance agent. Purchasing through an agent is an easier way for almost all consumers and businesses to get flood damage coverage. Agents make understanding risks and coverage needs easier and purchasing policies more expedient. They communicate with the federal government on your behalf and usher you through all coverage-maintenance processes.
Whether you think you are at risk for flood damage or not, it is important to consider purchasing flood insurance. Floods are the most common natural disaster in the US and occur in all areas of all fifty states, whether the areas are ‘high-risk’ or ‘low-risk.’ The damages that floods can cause are astronomical – in the US in 2014, flood damage costs amounted to over $1 billion.
At Finney Insurance Corporation Insurance Agency, we know and understand the risks that flood damages pose and we are familiar with the costs that these damages can incur. We will help you determine whether or not you at risk of flood damage and what kind of coverage you might need to stay protected. If you become a policyholder, we will communicate with the government on your behalf and help you maintain coverage.
What does Flood Insurance cover?
Flood insurance helps protect dwellings of different kinds and businesses. It protects properties and contents within properties. Most flood insurance policies include three types of coverage: building, contents, and replacement costs. Each of these coverage options offers different kinds of protection.
Flood insurance can also cover the cost of items, like sandbags, used to protect a home. Coverage limits and premiums are determined by the federal government, but if you want to cover property or assets for more than the NFIP’s maximum limits, an independent insurance agent can help you determine whether or not you’re eligible for the purchase of excess flood insurance, which gives you additional coverage.
At Finney Insurance, we help you understand all of your coverage options and match the right options with your needs.
Coverage options for properties include:
- Building and foundation
- Electrical and plumbing systems
- Central air conditioning equipment, furnaces, and water heaters
- Refrigerators, stoves, and built-in appliances such as dishwashers
- Permanently-installed carpeting over unfinished flooring
- Window blinds
- Detached garages, up to 10% of building property coverage
Coverage options for contents include:
- Personal belongings, such as clothing, furniture, and electronic equipment
- Portable air conditioners
- Portable microwave ovens and portable dishwashers
- Carpets not permanently installed over unfinished flooring
- Washers and dryers
- Freezers and food contents
- Valuable items such as original artwork and furs, up to $2,500
- Replacement cost coverage is not available for personal property
Understanding your flood risk and what flood insurance typically protects can help you choose coverage that meets your needs. This is one reason among others why it is important to speak with an insurance specialist before selecting flood insurance coverage. At Finney Insurance, our specialists help you understand your risks and find appropriate coverage. They also provide you with ongoing support and help you settle claims more quickly than the federal government can.
Why Finney Insurance?
Expert underwriters at Finney Insurance Corporation are FloodSmart certified and work with you individually to design policies that ensure your continuous protection and match your budget. Whether you are required to carry flood insurance or not and whether you’ve had flood insurance in the past or not, we will help you get the coverage you need without an elevation certificate.
We have been providing comprehensive flood risk solutions for decades in Florida, which is a ‘high-risk’ flood area. We know the risks that locals and people living and/or doing business beyond our state’s borders face as well, and it serves our abilities to develop optimal policies. It also helps us help you make repairs and recover from losses faster.
We provide more than coverage; we provide savings and support. We can reduce costs in ways that the federal government cannot by identifying discounts and helping you combine coverage. We are available to you when you need us and we provide you with ongoing education and support.
Our agents are friendly, efficient, and effective. We make sure that every interaction you have with us is pleasant and that all of our efforts are economical. This is an expression of our investment in your financial wellbeing and a commitment to your satisfaction.
The Flood Maps in Broward changed on August 18, 2014. As a result, some residents are now required by their lender to carry flood insurance. If you would like to find out whether or not you must carry flood insurance, see the Broward Flood Maps.
The Finney Insurance Corporation is proud to provide flood insurance in Hollywood, Fort Lauderdale, Dania, Pembroke Pines, Davie, Aventura, and surrounding areas in Florida.