![]() ![]() Renters and condo owners can purchase flood insurance as well. ![]() Can I Get Flood Insurance for a Condo or an Apartment? Several private market insurers now also offer coverage in many areas. If a specific property requires flood coverage, flood insurance is always available as a separate policy through the NFIP. This add-on approach helps keep the cost of homeowners insurance more affordable. You’ll also find limited coverage for valuables, including artwork and furs.įlood insurance works in tandem with a well-designed home insurance policy to provide coverage that isn’t available with standard home insurance policies. This coverage includes clothing, furniture, electronics, and detached appliances, such as washers, dryers, and microwaves. Refrigerators, stoves, and built-in dishwashers fall under this coverage as well.Ĭontents coverage offers protection for your belongings. Your building coverage also protects detached garages and solar energy equipment. Because an excess flood policy acts as secondary coverage and sees fewer claims, protecting your home to its full rebuild value becomes more affordable.Ī standard flood insurance policy offers two primary coverages against flood risks.īuilding coverage for your home protects the building itself as well as attached fixtures, plumbing and electrical systems, furnaces and water heaters, carpeting and flooring, and more.
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