I live in a low-risk flood zone. Do I really need flood insurance?
Most likely, yes. It's a good idea to buy flood insurance even if you live in a moderate- or low-risk area. Anyone can be financially vulnerable to floods.
People outside of high-risk areas file nearly 25% of NFIP claims and receive one-third of disaster assistance for flooding.
When it's available, disaster assistance is typically a loan you must repay with interest.
Preferred Risk Policy premiums are the lowest premiums available through the NFIP, offering building and contents coverage for one low price.
In fact, residential premiums in moderate- to low-risk areas start as low as $57 per year for Contents Only coverage.*
*$57 annual premium provides $8,000 in contents coverage.
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