The NFIP provides coverage for both the structure and its contents.

We’re happy to help you find out if you’re eligible for flood insurance. In exchange, the government makes flood insurance available within that community. To participate in the NFIP, a community must adopt and enforce a floodplain management ordinance with rules regarding construction in certain flood-prone areas. Check out the questions and answers below to help determine whether flood insurance is right for you. According to the NFIP, nearly 25 percent of the program’s claims occur in moderate- to low-risk areas. Available to homeowners, renters and business owners, this insurance often is required to obtain a mortgage in areas at high risk of flooding.īut you might want to look into a policy just for peace of mind, even if you don’t live in a traditionally flood-prone area. government created the National Flood Insurance Program (NFIP) in 1968.

You’ve probably heard this horror story before – someone loses a home due to a flood and learns after the fact that standard homeowners insurance doesn’t cover flood damage.Īt Hummel Winters we want you to be educated about all of the risks you may face in Indiana – before a loss occurs – so you can determine what insurance coverage is appropriate.īecause very few companies offer flood insurance, the U.S.

Flood insurance companies