Flood Insurance

Flooding can happen anywhere, to any property, even if you don’t live in a flood plain. And chances are, your current insurance policy doesn’t protect against damages caused by a flood. Get peace of mind with a free flood insurance quote from SunGate Insurance today!

Flood insurance is a specific type of insurance policy designed to offer homeowners coverage against property loss due to flooding. Risk factors for each insured property are often determined by topographical maps denoting floodways, floodplains, and lowlands that are susceptible to flooding.

​The majority of standard insurance policies do not protect against losses caused by flooding due to the prevalence of adverse selection, or the purchase of insurance by individuals most likely to be impacted by the specific peril of flood. In fact, across the United States today, only 20% of homes at risk for flooding are actually covered by flood insurance!

The National Flood Insurance Program defines flooding as a general and temporary condition caused by the partial or complete inundation of two or more acres of normally dry land, or two or more properties (one of which must be your property). Flooding can be caused by the overflow of inland waterways and the unusual and/or rapid accumulation or runoff of surface water (from any source), as well as mudflows. Flooding can be the result of a hurricane, earthquake, landslide, or any other natural disaster. However, it is important to note that while insurance policies may include coverage for earthquake damage, for instance, that same policy most likely does not cover damage from floods that resulted from the earthquake.