901-476-8644 JAMIESON & FISHER, INC. Request a Quote Home About Us Request a Quote Insurance Service Blog Contact Flood Protection Since standard homeowners insurance doesn’t cover flooding, it’s important to have protection from the floods associated with hurricanes, tropical storms, heavy rains and other conditions that impact the U.S. In 1968, Congress created the National Flood Insurance Program (NFIP) to help provide a means for property owners to financially protect themselves. The NFIP offers flood insurance to homeowners, renters, and business owners if their community participates in the NFIP. Participating communities agree to adopt and enforce ordinances that meet or exceed FEMA requirements to reduce the risk of flooding. Find out more about the NFIP and how it can help you protect yourself. Learn about The NFIP Partnership. Flood insurance protects two types of insurable property: building and contents. The first covers your building, the latter covers your possessions; neither covers the land they occupy. Building coverage includes: The insured building and its foundation The electrical and plumbing system Central air conditioning equipment, furnaces, and water heaters Refrigerators, cooking stoves, and built-in appliances such as dishwashers Permanently installed carpeting over unfinished flooring Contents coverage includes: Clothing, furniture, and electronic equipment Curtains Portable and window air conditioners Portable microwaves and dishwashers Carpeting that is not already included in property coverage Clothing washers and dryers The two most common reimbursement methods for flood claims are : Replacement Cost Value (RCV) and Actual Cash Value (ACV). The RCV is the cost to replace damaged property. It is reimbursable to owners of single-family, primary residences insured to within 80% of the buildings replacement cost. All other buildings and personal property (i.e. contents) are valued at ACV. The ACV is the RCV at the time of loss minus physical depreciation. Personal property is always valued using the ACV. Contact Jamieson & Fisher, Inc. or call 901-476-8644 to identify the best combination of coverage, value and price just for you. Need an insurance quote? Get in touch! Access quotes from Tennessee's most trusted insurance carriers. It’s comparison shopping at the click of a mouse. Request a Quote 901-476-8644 Property Homeowners Renters Condo Landlord Flood Earthquake Umbrella Why Wait? Contact us for a free insurance quote now. 901-476-8644 Request a Quote Contact Us Jamieson & Fisher, Inc. 114 West Liberty Ave Covington, TN 38019 Phone: 901-476-8644 Fax: 901-476-5790 Account Service Contact Us Quick Links Home About Us Request a Quote Insurance Service Blog Contact Copyright © 2021, Jamieson & Fisher, Inc. All rights reserved. Site by Avelient Privacy Policy Disclaimer About Us Request a Quote Insurance Service Blog Contact