NFIP and private
There are two markets now, not one. Comparing them is the difference between paying the NFIP rate and paying less for better coverage.
Compare flood optionsPrivate flood has changed the math for a lot of properties.
| Feature | NFIP | Private flood |
|---|---|---|
| Maximum building coverage | $250,000 residential | Often $1,000,000 or more |
| Contents coverage | Up to $100,000 | Generally higher limits available |
| Waiting period | 30 days in most cases | Often 10 to 15 days, sometimes shorter |
| Loss of use | Not included | Commonly included |
| Replacement cost on contents | Limited | More often available |
| Pricing basis | Federal rating methodology | Carrier-specific models |
NFIP and private quotes on the same property so the comparison is real.
How your elevation changes the rate, and when it is worth getting one.
Whether to cover the structure, the contents, or both.
When coverage can actually start, which matters during storm season.
No. Water damage from a plumbing failure may be covered. Rising water is excluded and needs a separate flood policy.
No. You can buy it anywhere, and it is usually cheaper outside a high-risk zone.
Often yes. It can lower the premium substantially, and sometimes enough to pay for itself in the first year.
Secure form, about 2 minutes. A licensed specialist compares available options and follows up promptly.
Step 1 of 3 · Property
Basement: a full or walkout basement, finished or unfinished. A walkout opens at grade level on at least one side.
Crawl space: a shallow space under the living area, above or below grade.
Slab: the building sits directly on a concrete slab with no space beneath. On grade means the slab is at ground level. On fill means the ground was built up first.
Elevated: the lowest floor is raised above ground level, over a garage, with an enclosure, or with open space beneath. How the space beneath is enclosed changes the rate materially, which is why the distinction is asked.
