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. It is also recommended since historically nearly one-in-four 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.