How much flood insurance coverage is available?
Coverage TypeCoverage Limit One to four-family structure$250,000 One to four-family home contents$100,000 Other residential structures$250,000 Other residential contents$100,000 Business structure$500,000 Business contents$500,000 Renter contents$100,000 What is the Preferred Risk Policy (PRP)? The Preferred Risk Policy offers multiple coverage combinations for both buildings and contents (or contents-only, for renters) that are located in low-to-moderate risk areas (B, C, and X Zones). Preferred Risk Policies are available for residential or non-residential buildings also located in these zones, and that meet eligibility requirements based on the building’s entire flood loss history. What is covered in my basement? Flood insurance covers your home’s foundation elements and equipment that’s necessary to support the structure (for example: furnace, water heaters, circuit breakers, etc.). It’s important to note that some items in your basement are covered under building coverage (like a
Coverage limit determined by coverage type: either structure or contents. Coverage Type Coverage Limit One- to Four-family structure $250,000 One- to Four-family home contents $100,000 Other residential structures $250,000 Other residential contents $100,000 Business structure $500,000 Business contents $500,000 Renter contents $100,000 Back to top What is the Preferred Risk Policy (PRP)? The Preferred Risk Policy offers multiple coverage combinations for both buildings and contents (or contents-only, for renters) that are located in low- to moderate-risk areas (B, C and X Zones). Preferred Risk Policies are available for residential or non-residential buildings also located in these zones that meet eligibility requirements based on the building’s entire flood loss history. Back to top What is covered in my basement? Flood insurance covers your home’s foundation elements and equipment that’s necessary to support the structure (for example: furnace, water heaters, circuit breakers, etc.
