Flood Insurance Quote Near Texas - TX Insurance Quotes (2024)

You don’t have to live in a high risk flood zone to be affected by a flood. In fact, floods can happen anywhere in the Lone Star State, with almost 20% of all flood claims coming from moderate to low-risk areas. That’s why the National Flood Insurance Program (NFIP) encourages everyone in Texas to get flood insurance.

Having flood insurance means you are covered if groundwater rises and inundates your home or business– something your regular homeowners or commercial property insurance policy doesn’t cover. And with flood losses on the rise, now is the perfect time to add this important coverage to your insurance portfolio.

Remember that just an inch of water in your home can cost thousands in repairs, so don’t wait until it’s too late to get the coverage you need. Moreover, flood coverage requires a 10 to 30-day waiting period to begin once you purchase the policy. That’s why it is important to ensure your property is insured before a storm or flood threatens your area.

For affordable flood insurance and to protect your family from the devastation of water damage, compare rates and get a free quote from TX Insurance Quotes today.

Flood insurance can be purchased through the National Flood Insurance Program (NFIP) or a private insurer.

The NFIP is administered by the Federal Emergency Management Agency (FEMA) and offers flood insurance to homeowners, renters, and business owners in participating communities. Coverage is available for structures and personal belongings, and policies can be purchased through most insurance agencies.

Private flood insurance is also available and can often provide broader coverage than the NFIP. Some private insurers will even cover the flooding caused by sewer backup or sump pump failure– two perils not typically covered by the NFIP.

To get the best protection for your home or business, it’s important to compare NFIP and private flood insurance policies to see which is right for you.

• Mold, mildew, or other fungus growth
• Water that seeps in through cracks or openings in the foundation
• Damage caused due to earth movements, such as earthquakes or landslides
• Property and belongings outside of the insured building, such as pools, decks, or landscaping
• Damage to cars or other vehicles

However, it’s important to note that not all properties qualify for flood insurance. Talk to our experts today to see if your property is eligible.

The cost of flood insurance varies yearly and is based on several factors, including:

• The state you live
• The size of your home or business
• The elevation of your property
• Your flood zone
• Your deductible amount
• The amount of coverage you need

While the NFIP offers subsidized rates for some policyholders, the average cost of an annual premium is around $700. Private flood insurance can be more expensive than the NFIP, but it often provides broader coverage and flexibility.

TX Insurance Quotes offers a free quote comparison service to help you find the best policy for your needs and budget. We work with leading insurers in the industry to offer you a wide range of options.

Gather your personal information:

Before you start shopping for flood insurance quotes, it’s a good idea to have some information handy, such as your:

• Home or business address
• The year you built your home or business
• Square footage of your property
• Elevation of your property (in feet above sea level)
• Any past flooding history
• Your contact information

Get Quotes from Multiple Companies:

Once you have your information ready, the next step is to get quotes from multiple companies. This will allow you to compare rates and coverage options to find the best policy for your needs.

Choose the Right Policy:

After reviewing your quotes, it’s time to choose the right policy. First, look over the coverage amount and deductibles to ensure they are adequate for your needs.

Complete an Online Application:

Once you have chosen the right policy, completing an online application is next. This process is usually quick and easy, and you can get started on your new policy immediately.

Pay for Your Policy:

Upon submitting your application, your next step will be to pay for your chosen policy to go into effect. This can usually be done by credit card or electronic check.