Is Flood Insurance Required in Florida?

If you live in Miami Beach, FL, you know the serious risks associated with flooding. Assure-Us knows that Florida residents have a lot of concerns about flooding, whether they live inland or near the ocean. If you want to take care of your home, flood insurance is one way to do it.

Buying flood insurance is one way to care for your home and protect your property. Here’s what you need to know about flood insurance requirements in your state.

Flood Insurance Is Not Required Everywhere

One thing you need to know is that flood insurance is not a requirement everywhere in Florida. You need to pay attention to whether you live in a flood plain as well as your home insurance policy. Generally, home insurance is not enough to cover flooding.

While the state may not require you to take on flood insurance, Florida lenders may require that you hold a flood policy depending on where your home is located. Failing to secure flood insurance, in this case, could put you in jeopardy.

How Flood Insurance Works

Most policies for flood insurance are administered by the Federal Emergency Management Agency, better known as FEMA. You can speak with an insurance agent about getting a plan through FEMA’s National Flood Insurance Program so that your home is protected in case of a flood. This is where most flood plans come from, but you may still need professional help choosing the right policy.

Assure-Us, which serves Miami Beach, FL, can help you find the right flood insurance plan. An insurance agent can provide you with the information you need to make a smart decision for your home and personal property.