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Texas Flood Insurance Information
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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. |
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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. |
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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. |
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The two primary types of Flood Insurance Policies are listed below.
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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. |
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Commercial and apartment buildings will be covered only for
actual cash value. |
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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. |
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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. |
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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. |
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Proudly serving the
Dallas / Ft. Worth area!
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TRUONG
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INSURANCE
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Texas Flood Insurance Specialists
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Mud slides caused by flooding
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The washing away, collapse, or subsiding of land along
the shoreline due to erosion or undermining of waves or currents exceeding the cyclical levels |
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Flood Perils Include:
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Overflow of inland or tidal waters
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Unusual & rapid accumulation of runoff or surface
waters from any source |
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Sewer backup caused by flooding
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Actual Cash Value Policy
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Replacement Value Policy
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**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. |
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Flood
Insurance
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Truong Insurance
2111 W. Arkansas Ln. # 207
Arlington, Texas 76013
Tarrant County, TX
(817) 226-3510
Toll Free: 877-252-2789
Fax: (817)226-3511
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