A flood is excluded under a homeowner's policy. Flood as defined by the NFIP (National Flood Insurance Program) is a general and temporary condition of partial or complete inundation of normally dry land areas from:

1. Overflow of inland or tidal waters,
2. the unusual and rapid accumulation or runoff of surface waters from any source,
3. Mud slides, (i.e. mud flows) which are proximately caused by flood, as defined above, and are akin to a river of liquid and flowing mud on the surface of normally dry land areas, as when earth is carried by a current of water and deposited along the path of the current, and
4. the collapse or subsidence of land along the shore of a lake or other body of water as a result of erosion or undermining caused by waves or currents of water exceeding the cyclical levels which result in flood, as defined above.

PLEASE NOTE: Flooding must cover at least 2 acres of land OR flood the neighbor to the left and the neighbor to the right. Flooding just one property is not considered to be a covered flood under a NFIP policy.

The coverage involves a 30 day waiting period before the policy becomes effective, unless the policy is purchased at the same time you buy your home. You also may qualify for a discount if you include a special elevation report with your application.

Find out how Koski & Co. Insurance Agents can meet your flood insurance needs. Send us an email, simply fill out our no-obligation Quote Form, or call us now.

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