Flood Things to Know When Filing Your Claim

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Flood Claims

What Constitutes a Flood?

A flood is defined as an overflowing of water onto land that is normally dry, most often occurring after heavy rains. It may also refer to the overflow of a great body of water such as a river, lake, or ocean.

From a property owner's point of view, a flood can be the worst kind of disaster. Many homeowners don't know they need an additional policy to cover flood damage.

Flood damage is not covered by your homeowners insurance; you need a separate flood policy, but flood policies will not cover everything damaged in a flood.

To obtain flood coverage, you must purchase a separate policy. While private insurance companies can write and service flood policies, all flood insurance is handled by the National Flood Insurance Program (NFIP). Congress created the NFIP to aid in disaster relief for flood victims, and the National Emergency Management Agency manages it. The coverage offered is the same in every policy issued, as are the general conditions and provisions for claim settlement.


What Flood Policies (Do Not) Cover

Policyholders are always shocked after a loss when they discover what their flood policy DOES NOT cover. The intent of the NFIP is only to aid the victim after a flood, not make them whole. In most cases, policyholders find that their policy does not cover most of the damage they incurred from a flood.

For flood damage, NFIP established very strict guidelines that you'll need to follow when filing your claim. In order for your to receive payment, you must file a Proof of Loss depicting the true amount of damage incurred, and you must do it within sixty (60) days. Also due within sixty days are any supplemental damage claims. There are no extensions for filing the Proofs of Loss for any reason.



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