Since opening our doors in 2010, our goal has been to not only provide the best flood insurance options, but also to be the industry-leading expert to you, our customer, on what flood insurance is, why it is needed, and how we can help. Here you’ll find answers to some of our most frequently asked questions – about both the requirements and flood insurance coverages that are available in North Carolina.
If you don’t see the answer to your question or are looking for a free flood quote, contact us.
To learn more about the floods that have impacted North Carolina and the causes of these floods, visit our
federal assistance is not insurance – it is a low-interest loan. FEMA gives a great example to better understand how this loan works: Borrow $50,000 at 4%to repair your house. Over the next 30 years, you’ll pay about $240 a month in addition to your mortgage to pay back the loan.
Flood insurance covers physical damage to your property and possessions
(up to a certain limit depending on your policy). For more information, please click the link below for a more detailed guide of what is and is not covered to better understand your flood insurance policy. If you still have questions after reviewing the attachment, Contact Us!
The details about what flood insurance covers>>
You can obtain a free online quote by clicking here, but you will still need to contact your agent to bind coverage. North Carolina Flood Insurance offers a quick (less than 15 minutes) online quoting process. Our sophisticated quoting system provides your flood zone determination as well as your estimated yearly premium if you’re in flood zones B, C, or X. After you complete the process,
you will need to briefly speak with one of our flood agents to bind the policy, as additional information will be required (as with any insurance provider).
Keep in mind you can only purchase flood insurance through an insurance agent; you cannot buy it directly from the National Flood Insurance Program (NFIP). Since North Carolina Flood Insurance is a general agent, we can easily process all flood insurance policies through the NFIP or through one of our many private carriers.
the structures position in or near the flood plain, the age and value of your home,
the amount of coverage you choose, and the elevation of your home, if it is in a special flood hazard area. The average cost for $100,000 of coverage in North Carolina is $370 per year. There are 76 communities in North Carolina that qualify for discounts because they use a Community Rating System. These communities can receive 5-25% reductions in their NFIP premiums. Due to recent flood insurance reform, this amount may not reflect current flood insurance costs. Our agents can help you find out how much your premium will be and which discounts you might qualify for.