Writer Flood insurance varies from regular insurance in several ways, particularly in the way it is administered. If an individual is interested in purchasing flood insurance, there are several issues of importance. First of all, it is important to know that no federal programs or grant programs will cover you completely after flood damage. Unless victims have flood insurance, they could possibly lose everything. Homeowners' insurance does NOT include flood insurance.
Flood insurance is on a federal level and is a separate policy.
Your current insurance agent can probably tell you about flood insurance, but more than likely it will be covered under a separate entity. Homeowners insurance also excludes wind-driven rain damage that flood insurance can cover. An example of this is rain getting pushed through the window in an attic, dripping onto the lower floor and causing damage to the home's interior. Flood insurance claims are paid even if a disaster is not declared by the President. When you file a flood insurance claim, you can get a partial payment immediately, so you can start recovery faster.