![]() ![]() For example, if flood water damages your electrical and plumbing systems, the dwelling coverage in a flood insurance policy would pay to repair or replace it.įlood insurance through the NFIP caps dwelling coverage to $250,000. ![]() Dwelling coverageĭwelling coverage, also called building coverage, pays to repair or rebuild your house after flood-related damage. You may be able to purchase a building-only policy, a contents-only policy or both, depending on where you purchase your flood insurance from. What Does Flood Insurance Cover?įlood insurance can generally be broken into two main parts: Dwelling (your house) and contents (your belongings). Some homeowners purchase private flood insurance as an “excess” policy to provide additional coverage on top of their base NFIP policies. For example, if you had an NFIP policy with $250,000 in building coverage, you would be covered up to that amount. If your house and belongings are damaged or destroyed by a flood, you can file a claim with your flood insurance company and be covered up to your policy’s limit. For example, Zurich Residential Flood Insurance does not have a waiting period. Some private flood insurance companies have a shorter or no waiting period. ![]()
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