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 Texas flood
insurance services throughout the Lone Star state, 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.