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Flooding & Flood Risks

Converting Your Policy

If your property is mapped from a high-risk area to a moderate- to low-risk area and you have a loan, your lender may no longer require that you carry flood insurance. But your flood risk is only reduced, not removed. You should consider maintaining coverage.

Why Flood Insurance Is Important in Moderate- to Low-Risk Areas

Floodwaters don’t stop at a line on a map. In fact, more than 20 percent of National Flood Insurance Program claims come from areas outside of mapped high-risk flood zones. And just a few inches of floodwater can cause tens of thousands of dollars in damage to your home and its contents.

If you qualify, a Preferred Risk Policy (PRP) provides both building and contents coverage for one low price. Your current policy will be converted to a PRP with no additional costs, and you will even be refunded the difference paid from your existing policy with no lapse in coverage. Ask your insurance agent for more details.


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

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Last Updated: Wednesday, 21-Sep-2016, 2:01 PM (EDT)

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