flood insurance

Flood Insurance

Are you protected against the #1 most common natural disaster in the nation?

Let’s talk about flood insurance. Even if you think you already have some, now’s the time to review your exact coverage.

Who needs flood insurance? Well, to be honest, you do.

No home is guaranteed safe against the threat of flooding, and living in Florida dramatically increases the risk. Why? Because the entire state of Florida sits at or slightly above sea level. Our vast and beautiful coastlines, ponds, rivers, and creeks are all at risk for flooding at any time.

Do you and your family live in a flood zone? Even if you don’t, did you know that 20% of all flood claims come from outside the high-risk area? You do now!

A standard homeowners policy won’t cover you in the event of flood damages to your home. If you’re wondering how serious a little flood damage could be: even one inch of standing water in your house can net you a repair bill upwards of $25,000. Without added coverage for flood insurance, your policy won’t cover any of that costly damage to your home.

Are you prepared to pay for those damages out of pocket, or to take out another loan to cover them?


  • Homeowners and renters insurance do not typically cover flood damage.
  • More than 20% of flood claims come from properties outside high-risk flood zones.
  • Flood insurance can pay whether or not there is a Presidential Disaster Declaration.
  • Most federal disaster assistance comes in the form of low-interest disaster loans from the U.S. Small Business Administration (SBA) and you have to pay them back. FEMA offers disaster grants that don’t need to be paid back, but this amount is often much less than what is needed to recover. A claim against your flood insurance policy could, and often does, provide more funds for recovery than those you could qualify for from FEMA or the SBA — and you don’t have to pay it back.

Fill out the form to get your quick, free quote now, use our chat box to instantly connect with an agent, or give us a call. In just five minutes, one of our friendly and knowledgeable agents will work with you to make sure you have all the coverage you need.

What Does Flood Insurance Cover?

Having flood insurance ensures that not only your building, but contents as well are covered.

The most common reimbursement method for flood claims is Replacement Cost Value (RCV). RCV is the cost to replace damaged property, which is reimbursable to owners of single-family, primary residences insured to within 80% of the buildings replacement cost.

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

All other buildings and personal property (i.e. contents) are reimbursed with a method known as Actual Cash Value (ACV). ACV is the RCV at the time of loss, minus physical depreciation. Personal property is always valued using ACV.

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

It’s important for homeowners to know exactly what is and what is not covered under their flood insurance policy. Setting up a policy now will save you valuable time and resources in the future. Contact Synergy today with any questions regarding flood insurance, coverage, and whether you are protected in case of emergency.

Get A Flood Insurance Quote

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