Who needs flood insurance? 
Everyone...
There are many misconceptions about flood
insurance. Homeowners, business owners, and renters can all purchase flood insurance.
Flood insurance puts you in control: you don't have to wait in lines or qualify for disaster assistance that you may have to pay back with interest
(or not even get). Flood insurance claims are paid even if a disaster is not declared by the
President. (Which is very common) you can buy flood insurance no matter where you live, in
high, low, or moderate-risk areas.
Flood insurance claims are handled quickly so flood victims can recover quickly. When you file a flood insurance claim you can get a partial payment
immediately, so you can start recovering faster.
Homeowners can get up to $250,000 of coverage and business owners can get up to $500,000.
There is separate contents coverage, so renters can get flood insurance, too.
Flood insurance claims are paid by policyholder premiums, not taxpayer dollars.
Maintaining a flood insurance policy is one of the most important things you can do to protect yourself and reduce the
cost of flooding disasters.
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