Florida flood and homeowner insurance.

You should consider purchasing flood insurance as part of your homeowner’s insurance coverage. Flooding can cause thousands of dollars of damage to your home, contents and personal property and it does not require more than a few inches of flooding to be damaging.

Buying flood insurance

Flood insurance rates are determined by the risk of the area. Flood insurance maps show the high-risk areas of flooding. The cost of flood insurance will be higher in high-risk areas as compared to low and moderate risk areas. There is usually a waiting period so contact your insurer now to discuss your flood insurance needs.

Flooding concerns

Buying a home near water increases the possibility of flooding however flooding can happen anywhere regardless of water being nearby. If you are concerned with flooding check with your insurer about obtaining flood insurance when you purchase your next home.

Flood insurance maps

Comparing insurance rates

The State of Florida offers a way for home buyers to compare rates of insurance companies in hopes that this will make the buying process smoother and the home buying process less costly to the consumer. To compare rates in the county you are considering, visit http://www.shopandcomparerates.com/.

Photo credit by wyntuition

Everyone lives in a flood zone

According to Floodsmart.gov, we all live in a flood zone. The question is whether you live in a low, moderate, or high risk area.

When purchasing a home one of the clauses in the FAR9 contract deals with advising the buyer to verify by survey, the lender, and/or with government agencies which flood zone the house or property is in. The Flood Zone clause also allows the buyer to determine in flood insurance is required.

Determining if the home or property you are considering purchasing will require flood insurance is just one of the many steps you should take before closing on the transaction. Call me to discuss all of the inspections and precautions you should take before closing on your next home.


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Flood damage is not covered by homeowner insurance policies

Many Floridians are unaware that flood damage is not covered by homeowner insurance policies. With hurricane season upon us and with the recent flooding in Central Florida, home owners may want to consider purchasing flood insurance. To determine your risk of flooding and to compare rates you can visit www.floodsmart.gov/floodsmart/.


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What most homeowners may not be aware of is that normal homeowner’s insurance will not cover damages that are a result of flooding, even if that flooding is a result of a hurricane. With hurricane season upon us, it would be wise of Florida homeowners to check their insurance coverage if they are concerned with flooding.

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- Greg Staker Watson Realty Corp. 407-304-0255