What is flood insurance?
Do I need flood insurance?
Yes, you should consider getting flood insurance to protect your home and your personal belongings in the event of a flood. Although some home lenders don’t require flood insurance, FEMA recommends flood insurance for every home in the U.S.
When you purchase an NFIP flood policy through an Allstate agent, you're helping to protect yourself from the financial burden flooding can cause. In fact, just one inch of water in a home can cost more than $25,000 in damage. Instead of paying out of pocket or taking out loans to cover your expenses, flood insurance can help make the recovery process quicker, easier and less costly.
What's covered by flood insurance?
When it comes to flood insurance, you can choose from two types of coverage: building property (structure) and personal property (contents).
Building property coverage
Provides coverage for the physical structure of your home or non-resident property, including electrical and plumbing systems, refrigerators, window blinds and more.
Personal property (contents) coverage
Provides coverage for the items inside your home, like clothing, furniture, microwaves and televisions, at their value at the time of loss.
Flood insurance options
Beyond Floods
National Flood Insurance Program
What’s the difference between Beyond Floods and NFIP?
| Beyond Floods | National Flood Insurance Program | |
|---|---|---|
| Type of insurance | Private (National General, an Allstate company) |
Government (FEMA-backed, subsidized) |
| Waiting period | Loan closing 0-day wait All other 7-day wait |
Loan closing 0-day wait All other 30-day wait |
| Types of buildings that can be covered | Residential Single family |
Residential buildings and units Single family or multi-unit (e.g., townhouse, condo) Non-residential/commercial |
| Maximum payout for structure | Residential Up to $1.5M |
Residential Up to $250,000/single family home or condo unit Non-residential/commercial Up to $500,000 |
| Maximum payout for contents (your belongings) |
Residential Up to $750,000 |
Residential Non-residential/commercial |
| Basement coverage | Yes | Limited |
| Displacement costs (expenses you have while you can’t live at home) |
$5K minimum; up to $150K | None |
| Price | Get a Beyond Flood quote | Get an NFIP quote |
| Payment/billing options | Direct and Lender-billed options:
|
Annual only |
protect your home from nature’s uncertainties
Floods are usually unexpected and unpredictable. Protect what matters most with a flood insurance policy. Get an online quote for Beyond Floods or talk to an agent about NFIP.
What's not covered by flood insurance?
While there’s a lot that flood insurance covers, here are a few examples of what may not be covered:
- Damage caused by moisture, mildew or mold that could have been avoided by the property owner
- Currency, precious metals and valuable papers like stock certificates
- Property and belongings outside of a building like trees, fences and swimming pools
- Living expenses like temporary housing
Flood insurance FAQs
Please note that this website provides only a summary of Flood Insurance coverage, written to illustrate in general terms how flood insurance works. Your insurance policy is the legal contract that contains the terms and limitations of your coverage. You should carefully review the contents of your policy. All products and coverages are subject to availability and limitations. Whether an accident or other loss is covered is subject to the terms and conditions of your insurance policy.
Insurance, coverage and discounts are subject to terms and conditions, which may vary by state. Discount amounts and total savings will vary. Other terms, conditions and exclusions may apply.
Beyond Floods branded policies underwritten by member companies of National General, An Allstate Company. Terms, conditions, limits and exclusions apply. Availability may vary by state. Admitted Private Flood: FL & NJ. Excess & Surplus Private Flood: AL, AZ, CA, CO, CT, GA, IA, ID, IL, IN, LA, MA, MD, ME, Ml, MN, MS, NC, NM, OH, OR, PA, RI, SC, TX, VA, WA, WV.
NFIP policies are available in all states, including the District of Columbia subject to National Flood Insurance Program terms, conditions and availability. The National Flood Insurance Program (NFIP) is managed by the Federal Emergency Management Agency (FEMA), a component of the U.S. Department of Homeland Security (DHS). NFIP flood policies are underwritten by the federal government and sold and administered by private insurance companies like Allstate through the Write Your Own (WYO) Program. © 2024 Allstate Insurance Company, Northbrook, IL.
* NFIP Standard Flood Insurance Policy Summary of Coverage
* NFIP Commercial Property Summary of Coverage
* NFIP Residential Condominium Buildings Summary of Coverage