
Flooding is the most common and costly natural disaster in the U.S. Even a few inches of water can cause devastating damage. A licensed insurance agent can guide you in choosing the right flood insurance to safeguard your property.
Does Homeowners Insurance Cover Flood Damage?
No, most homeowners insurance policies exclude flood damage. While federal disaster assistance may be available, it is limited and not guaranteed. Purchasing flood insurance is the best way to protect your assets.
What Is Flood Insurance?
Flood insurance covers property damage caused by flooding due to:
Heavy/prolonged rain
Melting snow
Coastal storm surges
Blocked storm drains
Levee or dam failure
Is Flood Insurance Required?
If you live in a high-risk flood area (1% annual risk or more, per FEMA) and have a federally backed mortgage, flood insurance is required.
Homes outside high-risk zones can still flood—consult an agent to assess your risk.
How Much Does It Cost?
The average flood insurance premium is $1,000/year (FEMA). Costs vary based on:
Property-specific factors
Flood risk levels
Deductibles (your out-of-pocket portion of claims)
Where Can I Buy Flood Insurance?
National Flood Insurance Program (NFIP):
Managed by FEMA, available in participating communities.
Coverage limits:
Residential: Up to $250,000 for buildings, $100,000 for belongings.
Non-residential: Up to $500,000 for buildings and contents.
Check community eligibility on FEMA’s website.
Private Insurance:
Offered by private companies, often with higher limits and additional benefits (e.g., temporary living expenses).
Can supplement an NFIP policy for extended coverage.
When Does Flood Insurance Take Effect?
NFIP policies: 30-day waiting period (exceptions for mortgage-related purchases).
Private policies: Waiting periods may vary.
Floods can happen anywhere it rains. Don’t wait—protect your home and assets with the right coverage.

Hey Inland Empire, I’m Candice Newman! I’ve had the incredible fortune of being born and raised in this amazing community, and I couldn’t imagine living anywhere else. I currently live in Alta Loma with my husband, Jonathan, our son, Trevor, and our dog, Ruger! I’m a real estate agent with a passion for finding new places to explore in the Foothill Communities. When I'm not selling homes, you can find me cheering my son on at his baseball games, exercising, spending time in our local mountains, heading to the lake, cooking, or watching the Dodgers slay the Giants (I was born and raised an Angels fan, but the Dodgers have taken over the household!). I'll never have enough Mexican food and Italian food in my life. I’m looking forward to connecting with you soon! See you around town! Candice.Newman.Realty@gmail.com | (909) 367-3280 DRE: 01924842
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