Flood Specialists
Flood Insurance for Property Owners
Understand your flood insurance options and find coverage for your property. Compare private flood insurance and NFIP options, coverage limits, costs, and factors that may affect your flood insurance.
Learn About Flood Insurance
What Is Flood Insurance?
Flood insurance is designed to provide coverage for certain direct physical losses caused by flooding. Standard homeowners insurance generally does not cover flood damage, making separate flood insurance an important consideration for property owners.
Flood coverage may be available through the National Flood Insurance Program (NFIP) or from private flood insurance companies. Coverage options, limits, deductibles, and eligibility can differ depending on the insurer, property, location, and individual risk.
The right option depends on your property and coverage needs.
Flood Insurance Coverage Options
A flood insurance policy may include several types of coverage depending on your property, location and flood risk.
Building Coverage
Coverage for the physical structure, including foundation, electrical, plumbing and built in appliances, subject to policy terms and limits.
Contents Coverage
Coverage for personal property and belongings inside the home, subject to policy terms, limits and deductibles.
Replacement Cost vs Actual Cash Value
Policies may pay to replace damaged property or may account for depreciation, depending on the coverage selected and eligibility.
NFIP vs Private Flood Insurance
Coverage may be available through the National Flood Insurance Program or private flood carriers. Limits, pricing and terms differ between the two.
Additional Living Expenses
Some private flood policies may include coverage for temporary housing costs if a home becomes uninhabitable after a flood.
High Risk and Low Risk Zone Coverage
Flood insurance may be available for properties both inside and outside FEMA designated high risk flood zones.
Flood Insurance for Different Property Types
Flood risk and coverage needs vary by property type. The options available can differ depending on how the property is used.
Single-Family Homes
Coverage for primary residences and owner-occupied single-family properties.
Condos and Townhomes
Coverage options for individually owned units, which may work alongside a building's master policy.
Rental and Investment Properties
Coverage for non-owner-occupied residential properties, subject to eligibility.
Commercial Properties
Coverage for business owned buildings and commercial structures, where available.
Why Choose FloodAxis?
FloodAxis.com is a flood insurance resource from Iron Axis Insurance Agency, LLC. Coverage availability and eligibility vary by state, carrier and individual risk.
Ready to Explore Flood Insurance Options?
Whether you're insuring a new property, switching from NFIP to private coverage, or reviewing your current policy, tell us about your property and flood insurance needs.
- Get a Flood Insurance Quote →