Texas Flood Insurance Information

Even though flood insurance is relatively inexpensive, most homeowners
do not choose to purchase the insurance protection available. According
to the Federal Insurance Administration, less than one-quarter of the
homes in areas most vulnerable are insured against flood loss. In those
areas, flooding is 24 times more likely to occur than a fire during the
course of a typical 30 year mortgage.

A standard homeowners insurance policy will not cover damages
caused by flooding. You must have flood insurance from an insurer that
writes for the National Flood Insurance Program. If your community
participates in a floodplain management program, you should be eligible
to buy the coverage no matter if your flood risk is low, medium or high.
Residents of "coastal barrier areas" and communities that do not
participate in floodplain management programs may have trouble
finding flood insurance coverage. Dallas / Ft. Worth, TX area Flood
insurance is also available to renters, condominium owners, and co-op
owners.

Outside of fire, flooding is the most widespread natural disaster.
According to the National Flood Insurance Program, two adjacent
properties have to be under water to call the situation a flood. In a
rural area, at least 2 acres must be submerged.

The value of property as figured by determining the cost to
replace the damaged or destroyed property and adjusting the
replacement value by subtracting an amount that reflects
depreciation. Or in other words, replacement cost minus
depreciation. Texas homeowners are entitled to a replacement
cost value if they live in their homes at least 80% of the time and
have flood insurance coverage for at least 80% of their home's
market value.

The amount it costs to replace or rebuild a damaged property.
Replacement cost coverage is available only for the building
portion of a condominium insurance policy. Owners of single-
family homes may be able to buy replacement cost coverage
on the building portions of their flood insurance policies. A
Texas flood insurance replacement value policy will pay only
the replacement value up to the coverage limit. For example, if
rebuilding your home will cost $400,000, but you only
purchased $300,000 in coverage, your insurance policy will
pay you only $300,000.

Click on the link below to fill out a secure quote request form for
a Texas Flood Insurance policy that will provide excellent
personal insurance coverage at an affordable cost. Or you can
speak with our Texas Flood Insurance specialist at 817-226-
3510 to discuss the features.

We are your local Arlington, TX insurance agency, offering affordable
Texas flood insurance services in the following Dallas / Ft. Worth area
cities and counties: Irving, Grand Prairie, Mansfield, Kennedale,
Everman, Forest Hill, Burleson, Crowley, Benbrook, River Oaks, White
Settlement, Saginaw, Lake Worth, Lakeside, Rendon, Bisbee,
Pantego, Westover Hills, Azle, Edgecliff, Westworth, Pelican Bay,
Haslet, Blue Mound, Haltom City, Richland Hills, Hurst, Watauga,
Keller, Southlake, Westlake, Beford, Grapevine, Colleyville, North
Richland Hills, Euless, Cedar Hill, Duncanville, De Soto, Lancaster,
Cockrell Hill, Wilmer, Glenn Heights, Hutchins, Highland Park,
University Park, Balch Springs, Mesquite, Seagoville, Rowlett, Sachse,
Wylie, Richardson, Farmers Branch, Coppell, Carrollton, Flower
Mound, Lewisville, Addison, Corinth, Argyle, Plano, Allen, Denton,
McKinney, The Colony, Frisco, Tarrant County, Dallas County, Denton
County, Wise County, Collin County, Johnson County, and Ellis
County, TX. We also offer flood insurance services throughout the state
of Texas, including the metro areas of San Antonio and Houston.

**The information, pictures, and other content in this website about
particular insurance services is only provided for informational
purposes. Any decisions regarding your insurance needs should be
discussed with a licensed insurance agent.