Flood Insurance Request a Quote Residential FloodDid you know that just a few inches of water from a flood can cause tens of thousands of dollars in damage? We saw it first hand from the recent storms - Irene and Sandy. From 2007 to 2011, the average residential flood claim was almost $30,000. Flood insurance is the best way to protect yourself and your family from suffering a monumental financial loss.Q. My home isn't in a flood zone. Why would I need flood insurance now?A. Everyone's home is in a flood zone, some are just a higher risk than others. Nearly 20% of flood claims come from moderate-to-low risk areas. If you live in an area with new land development you can now be at an increased risk for flooding.Q. I don't live anywhere near the ocean. How could my house flood?A. You don't need to live anywhere near the coast. A flood can be caused by "an unusual and rapid accumulation or runoff of surface waters from any source" - so many floods have been caused by heavy rain storms.Q. Will flood insurance cover me if my sump pump stops working due to a power failure and my basement fills with water?A. Flood insurance does not cover this type of water back up. Sump pump failure can be covered under your homeowners policy.Q. I have a nicely finished basement - will that be covered?A. Coverage is very limited in basements. Items that run the house are covered such as hot water heaters, furnaces and air conditioners. Your personal property is only covered from the first floor and above.Q. How much does flood insurance cost?A. Flood insurance can be purchased from $159 to $417 a year for a Preferred Risk Policy in a moderate-to-low risk zone. Coverage includes up to $250,000 in coverage for your home and up to $100,000 for your personal property. Rates increase in higher rated zones. Let's Talk! Denise Hale Personal Insurance Customer Service Representative - ext. 1109 732.972.1771 email@example.com Diane L. Fox Sales and Marketing Manager - ext. 1108 732.972.1771 firstname.lastname@example.org request a quote!