Most homeowners insurance policies do not cover flood damage. Flood insurance is an optional coverage that may protect your home against damage caused by flooding.
You do not have to live along a river to need flood insurance. Some properties are vulnerable to flooding due to poor drainage systems, rapid accumulation of rainfall, even construction run-off. Our environment is constantly changing and often these changes result in unexpected flooding.
Flood insurance rates are established by the US Federal Government. As a result, all insurance companies will use your geographic location to determine your rate, leaving companies to compete through additional services and customer service.