Call (949)450-1822 or click the button below for a free quote on flood insurance!
Private flood insurance is an alternative flood policy to replace the typical FEMA flood insurance policy. If your home or commercial building is in a flood zone and you have not suffered any flood losses, then private flood insurance is typically less expensive and offers better coverage. FEMA or NFIP insurance policies have fixed rates and encompass a whole area whereas private flood insurance rates the actual risk.
Private Flood Programs Are Better
The NFIP was created in 1978 to offer affordable flood insurance coverage to homeowners and businesses located in flood zones. However, policyholders are seeing disproportionate rate increases every year. Insurance rates are no longer reflecting the actual risk for homes or buildings that don’t flood, especially in California. It’s also important to mention that homeowners insurance policies do not cover floods. Therefore, homes can be damaged by flooding anywhere, even if your home is not in a flood zone.
What to do
We have multiple insurance companies wanting to write flood insurance. As a result, we may save you hundreds possibly thousands of dollars! Please contact us for a free quote! In addition to very competitive rates, private flood programs can offer better coverage and more insurance options. The rates, coverage, and options all vary by risk and area. In conclusion, private flood premiums can be up to 70% lower.
Does my lender accept private flood?
The most common question we get: does my lender accept the policy? Yes, we have yet to find a lender that doesn’t accept private flood. Private flood is simply a flood insurance policy written through an insurance company. Every single flood insurer we represent has an “A” rating or better.
OK, I want a quote!
Please contact our office at 949-450-1822 or e-mail us at info@unity1.com to start saving money on your insurance! Feel free to send over a copy of your homeowner’s policy as well to compare our rates!
