ABOUT US CONTACT US CAREERS PAY ONLINE / LOG IN FIND AN AGENT PERSONAL BUSINESS CLAIMS INFO CENTER The National Flood Insurance Program DOWNLOAD THE NFIP FLOOD INSURANCE MANUAL Home / Business / Flood Insurance NEED FLOOD INSURANCE? We can provide it through the National Flood Insurance program (NFIP). Flood losses are not usually covered by homeowners insurance. If you want flood coverage, you can apply for coverage through the National Flood Insurance Program (NFIP). Founded in 1968, the NFIP was created to be a self-supporting entity, paying claims from the premiums collected. However, severe losses in 2005 and 2012 have put the program into debt, and resulted in changes to the program. Today As Hawaii’s largest writer of flood insurance through the NFIP, we are committed to providing essential flood protection. Before you purchase flood insurance, it’s important to understand some key definitions and program changes, including the following: Flood A flood is defined as a general and temporary condition of partial or complete inundation of two or more acres of normally dry land area or of two or more properties (at least one of which is the policyholder’s property) from: Overflow of inland or tidal waters Unusual and rapid accumulation or runoff of surface waters from any source Mudflow; a river of liquid or flowing mud on normally dry land Flood-related erosion; the collapse or subsidence of land along the shore or a lake or body of water and is caused by waves or currents of water exceeding cyclical levels that result in a flood Primary residence A primary residence is a residence an insured will occupy more than 50 percent of the policy term. Surcharge To help offset flood program deficiencies, a federally-mandated surcharge applies to all new and renewed policies. The surcharge is $25 for all Primary Residence policies (as defined above) and $250 for all other policies. Primary Residence eligibility must be validated before policy issuance in order to avoid the more costly $250 surcharge. The surcharge is fully earned and is not be eligible for refunds due to cancellation or reduction of coverage. FEMA – Summary of Flood Insurance Policy Coverage FEMA Flood Insurance Claims Handbook 2014 MAIN OFFICE 808.527.7777 NEIGHBOR ISLANDS 800.272.5202 OAHU AUTO 808.527.7722 PERSONAL Personal Auto Homeowners Renters Homeowners Bundles Renters Bundles FirstTrack Flood Hurricane Travel Insurance BUSINESS Businessowners Policy Commercial Auto Workers' Compensation Risk and Safety Management Industry Specialties Inland Marine FiRMS Surety and Fidelity Coverage Flood Captive Management Services CONNECT Find an Agent Careers Contact & Support Let's Talk First First Insurance Company of Hawaii (FICOH) is proud to be part of one of the world’s most respected insurance groups. The Tokio Marine Group — world-class brands that lead the global marketplace. Learn More » © 2021 FIRST INSURANCE COMPANY OF HAWAII, LTD. AGENCY PORTAL SITEMAP DISCLAIMER & PRIVACY POLICY