Floods can happen anywhere, anytime - not just in coastal areas or near lakes and rivers. In the last two years, floods have hit homes and businesses in all 50 states. Torrential rain, snowmelt, mudslides, dam failures and inadequate drainage systems can all cause flood losses.

The federal government requires mortgaged properties to be insured against flooding.

Since flood insurance rates and coverage levels are set by the government, they're the same regardless of the carrier you choose.

Flood coverages:

• Standard Flood coverage insures residences up to $250,000

• Excess Flood coverage is available up to an additional $500,000

• Preferred Risk coverage, designed for properties in low-risk areas, provides combined coverage up to $250,000 for the structure and $60,000 for contents.

• Commercial policies cover businesses up to $500,000 for the structure and an additional $500,000 for the contents.

• Contents coverage:
  - can be purchased with a standard Flood policy, providing an additional
  $100,000 in coverage
  - can be purchased with an Excess Flood policy, providing an additional
  $250,000 in coverage
  - can be purchased alone for renters and condominium owners, up to $100,000
  - can be purchased for non-residential or commercial coverage up to $500,000

• MPPP (Force Placed Flood) is available
   

Businesses need flood insurance, too. Do your commercial clients know that:

• most business property insurance policies exclude flooding?

• businesses can purchase flood coverage for inventory, merchandise, machinery, and even improvements made to a leased commercial structure for up to $500,000? An Excess Flood policy extends this coverage up to $1 million.

• condominium associations may insure-to-value all common property? 

Separate coverage for contents and inside structures is also available.

Prospective Flood Agents

If you would like to be considered for appointment with Bankers to sell flood insurance, and you have not sold flood insurance through Bankers Insurance Company or First Community Insurance Company before, please contact us at 800-627-0000, x4900. We regret our ability to contract with any previous Bankers Insurance Company or First Community Insurance Company flood agents is limited at this time.

Flood Marketing Agreement - PDF:     LA    FL/SC    All other states*

*Flood insurance is not available in the following states at this time:
AK, CO, ME, MI, MN, NH, NJ, NY, RI, VT, and WI.