When you own property, you must consider your insurance options to protect your valued assets. If you own a house, condominium, apartment or commercial building, you need flood insurance to fully protect your investments from potential flood losses. Standard homeowners, residential or commercial property insurance covers losses from fire and theft — but NOT flooding.

Homeowners have a 1% chance of a fire versus a 26% chance of flood during a 30-year mortgage. Floods are the most common disaster in America and Federal assistance for flooding is only granted in certain circumstances. Before Federal aid can be given to support flood victims, the President must declare your property's region a Federal disaster. Then most of the Federal assistance is issued in the form of loans that must be repaid with interest.

The National Flood Insurance Program (NFIP) backed policies cover up to $250,000 for residential buildings and $100,000 for contents. The NFIP commercial coverage maximum is $500,000 for either the building or its contents. Kinghorn Insurance also offers XSFlood® insurance options to provide flood insurance coverages above these NFIP standard limits for customers who need greater protection from flooding or flood disasters.

Explore your Flood Insurance options and call us to find out more about affordable flood protection today!