Experience with grant programs preferred. You can't buy flood insurance if you are located in a high risk flood area. Homeowners standard insurance policies cover flooding. Unfortunately, many homeowners do not find out until it's too late that their homeowner's policies don't cover flooding. Federal flood insurance protects your most valuable assets - your home and belongings.
Flood insurance is available only for homeowners.
See your insurance agent for limits of coverage for each. You can't buy flood insurance if your property has been flooded before. It doesn't matter how many times your home, apartment, or business has flooded. The NFIP does not offer any type of basement coverage. The policy does not cover the contents of a finished basement and improvements, such as finished walls, floors, and ceilings.