Flood

Flood Insurance in Florida

Flooding is Florida’s most common and most understood risk.

A flood isn’t just water on the floor. It’s a sudden surge of rising water that comes from outside your home and it’s almost never covered by your standard homeowners insurance policy.

Whether you’re in a high-risk zone or not, flood insurance is something every Florida homeowner should consider. Heavy rain, overflowing canals, storm surge, and hurricanes can all lead to flooding, and you don’t have to live near the coast to be affected.

At Ted Todd Insurance, we’ll help you understand your flood risk and explore your options through FEMA’s National Flood Insurance Program (NFIP) and private market carriers- some of which offer broader coverage. We are here to help you find the best flood insurance in Florida!

What Does Flood Insurance Cover?

Flood insurance helps you recover when rising water enters your home from outside, not from burst pipes or appliance leaks (those are typically covered under homeowners insurance). It’s triggered when water affects at least two or more properties or two or more acres of normally dry land.

There are two main components:

• Building Coverage- Covers the structure of your home, including walls, foundation, plumbing, electrical systems, HVAC, and built-in appliances.
• Contents Coverage- Covers your personal belongings inside the home, like furniture, clothing, and electronics (coverage limits and exclusions apply).

Coverage Options

• NFIP Policies (FEMA)- The most widely available option, with set limits: up to $250,000 for the building and $100,000 for contents. These policies are backed by the federal government but may not be enough for higher-value homes.
• Private Flood Insurance- Offered by private companies, these policies often allow for higher limits, include loss of use, and may cover structures not included under FEMA (like pool enclosures or fences). They can also have faster claims processing and more flexible underwriting.
• Endorsements on Homeowners Policies- Some insurance carriers now offer limited flood coverage as an endorsement to your homeowners policy. While not as robust as a standalone policy, it’s better than nothing and may be a good fit for moderate-risk areas.