Skip Navigation

Flooding & Flood Risks

Converting your policy

Converting Your Policy Saves You Money and Keeps You Protected

If your property is mapped from a high-risk area to a moderate or low-risk area, and you have a loan, your lender may no longer require that you carry flood insurance. In fact, nearly 1 in 4 NFIP flood claims occur in these moderate- to low-risk areas!

Homes and businesses may qualify for the low-cost Preferred Risk Policy, with premiums starting as low as $129 for a home and its contents and $643 for a commercial building and its contents.* You will even be refunded the difference paid from your existing policy with no lapse in coverage. Ask your insurance agent for more details.

*$129 residential annual premium provides $20,000 building and $8,000 contents coverage. $643 commercial annual premium provides $50,000 building and $50,000 contents coverage.

See how changes in levee designation can affect your flood insurance >>

Learn your risk, and find an agent, by taking Your Risk Profile.

PRIMARY RESIDENCE DISCLAIMER


For flood insurance rating purposes, a primary residence is a building that will be lived in by the insured or the insured's spouse for at least 80 percent of the 365 days following the policy effective date. If the building will be lived in for less than 80 percent of the policy year, it is considered to be a non-primary residence.

How Can I get Covered?

  • Rate your risk
  • Estimate your premiums
  • Find an agent
 

Contact Us | Site Map | Help | NFIP
Change font size
Last Updated: Sunday, 13-Apr-2014, 4:35 PM (EDT)

500 C Street SW, Washington, D.C. 20472
Disaster Assistance: (800) 621-FEMA, TTY (800) 462-7585
U.S. Department of Homeland Security
FEMA Home | Contact FEMA | Privacy Policy | Important Notices | FOIA | USA.gov | DHS | Agent Site | Accessibility