Choosing whether or not to buy insurance is a major decision. So is choosing the right Florida flood insurance agency. Below are answers to commonly asked questions regarding flood insurance as well as a few facts and statistics from the Federal Emergency Management Agency (FEMA). We hope these answers will help you decide. However, if you need additional information or have a few more questions, please feel free to contact us.

1. I’ve lived in my home for years and have not seen a flood. Why do I need flood insurance?
2. I already have a policy protecting my home. Will that policy cover me for flood damage?
3. I would like to buy flood insurance, does it matter if I rent or own my home?
4. How is buying from Highwater Insurance better?
5. Does flood insurance cover my home if we experience a mudslide?
6. If a flood hits my area, can’t I just get federal aid to cover any damages? Why do I need flood insurance?

1. I’ve lived in my home for years and have not seen a flood. Why do I need flood insurance?

Based on statistics from the Federal Emergency Management Agency (FEMA), over 25% of all flood claims occur in low-to-moderate flood risk areas. Flooding can be caused not only by acts of nature, such as tropical storms, hurricanes and heavy rains but also by inadequate drainage systems in addition to failed levees and dams.

2. I already have a policy protecting my home. Will that policy cover me for flood damage?

Most basic homeowner and renter policies do not cover flood damage. You may not be covered if a flood damages or completely destroys your home. According to the Federal Emergency Management Agency (FEMA) flooding is the second only to fires as the most commonly occurring natural disaster. Also, in Florida, the Division of Emergency Management reports flooding is one of the states most frequent hazards. FEMA also reports that in some cases, there is a 26% chance that a home will be damaged by floods during a typical 30-year mortgage period.

3. I would like to buy flood insurance, does it matter if I rent or own my home?

Both home owners and renters qualify for flood insurance.

4. How is buying from Highwater Insurance better?

We will save you both time and money. First of all, we are a Florida flood insurance agency that WILL rebate 7% of our commission. You’ve worked hard for your money and we want to make sure you keep more of it. Next, just like you, we live and work in Florida. We understand the distinctive issues you face as a Florida homeowner. We face them too. This is why we have designed our service to best meet your needs.

5. Does flood insurance cover my home if we experience a mudslide?

Yes, generally flood insurance covers not only damage to your home caused directly by floods but also covers damage caused by mudslides and other flood-related erosion.