Flood Insurance FAQs
Clear answers to common flood insurance questions, including NFIP requirements, private flood insurance options, coverage, and costs.
Frequently Asked Flood Insurance Questions
Flood insurance can be confusing, especially during a home purchase or mortgage approval process. Below you’ll find answers to the most common questions we receive from homeowners, buyers, and mortgage professionals regarding flood insurance requirements and coverage options.
If you do not see your question listed, you can request a quote or contact our team for personalized guidance.
Browse our flood insurance knowledge base below.
How Do I Obtain Private Flood Insurance?
Private flood insurance is obtained by matching your property with the right carrier.
How Long Does a Quote for Flood Insurance Take?
Flood insurance quotes can take minutes or days depending on the policy type.
Will My Lender Accept Private Flood Insurance?
Many lenders accept private flood insurance when it meets federal requirements.
Why Is My Lender Requiring Flood Insurance?
Lenders require flood insurance to protect properties located in higher flood-risk areas.
Is Lloyd’s Flood Insurance as Good as the NFIP?
Lloyd’s flood insurance can meet or exceed NFIP requirements when properly structured.
Is Cheap Flood Insurance Legit?
Lower-priced flood insurance can be legitimate when risk is evaluated more precisely.
What Does Flood Insurance Cover?
Flood insurance covers damage caused by qualifying flood events that are not included in standard homeowners insurance.
Why is NFIP flood insurance so expensive?
See why NFIP rates rise, and when private flood can cost less.
