Flood Insurance

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Dictionary Says

Definition of 'Flood Insurance'

A financial instrument that protects real property owners from water damage to the structure and/or contents of their property. While flood insurance can be purchased through many different insurance companies, all policies are federally regulated so that the same policy costs the same amount no matter which company it is purchased through.
Investopedia Says

Investopedia explains 'Flood Insurance'

Because typical hazard insurance policies do not cover flooding, homeowners must purchase a separate policy if they want to be protected against flood damage. For properties in high-risk areas, lenders sometimes require mortgaged homeowners to carry flood insurance to protect the structure. It is up to the homeowner whether to purchase additional coverage for the property's contents, such as furniture and clothing.
Search results for

'Flood Insurance'

  • Understanding Lender-Required Flood Insurance

    http://www.investopedia.com/articles/insurance/10/understanding-lender-required-flood-insurance.asp
    Having to buy flood insurance shouldn't be a surprise. Find out what you ...
    Understanding Lender-Required Flood Insurance. May 19 2010 | Filed ...

  • Preparing Your Finances From Natural Disasters

    http://www.investopedia.com/articles/pf/07/natural_disasters.asp
    ... Earthquake and flood insurance are sold as separate policies and, although the premiums
    can be high, you should buy them if you live in an area that regularly ...

  • 6 Types Of Insurance Coverage You Didn't Think You Needed ...

    http://financialedge.investopedia.com/financial-edge/1111/6-Types-Of-Insurance-Coverage-You-Didnt-Think-You-Needed.aspx
    ... Flood Insurance While most homeowner and renter's insurance policies protect against
    natural disasters like fire, wind damage, hail and other perils, flood ...

  • Do You Need Casualty Insurance?

    http://www.investopedia.com/articles/pf/08/casualty-insurance.asp
    ... (Find some ways to cut the cost of your vehicle insurance, in 12 Car Insurance
    Cost-Cutters.) Flood Insurance Flood coverage is a service provided by the ...

  • Intro To Insurance: Property And Casualty Insurance | Investopedia

    http://www.investopedia.com/university/insurance/insurance3.asp
    ... For example: Flood Insurance Flood insurance is becoming more and more popular as
    places that normally would not experience floods are suddenly finding ...

  • 15 Insurance Policies You Don't Need

    http://www.investopedia.com/articles/pf/07/cutpolicies.asp
    ... Education, Teaching Your Child To Be Financially Savvy and Don't Forget The Kids:
    Save For Their Education And Retirement.) 9. Flood Insurance Unless you live ...

  • Buying A Home: Get Properly Insured | Investopedia

    http://www.investopedia.com/university/home/home9.asp
    ... additional insurance. For example, if your home is in a special flood hazard
    area, you'll have to buy flood insurance. You'll also ...

  • 5 Bizarre Insurance Policies - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0210/5-Bizarre-Insurance-Policies.aspx
    ... Many families who live near bodies of water are required to purchase flood insurance,
    and some homeowners near major fault lines purchase earthquake coverage. ...

  • What Is And Isn't Covered By Homeowners Insurance - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/1211/What-Is-And-Isnt-Covered-By-Homeowners-Insurance.aspx
    ... that is prone to flooding. (For related reading, see Understanding
    Lender-Required Flood Insurance.). Personal Injury Most homeowner ...

  • Understanding The Escrow Process

    http://www.investopedia.com/articles/mortgages-real-estate/08/closing-escrow-process.asp
    ... mortgage. In some cases, purchasing flood insurance in addition to your
    homeowner's insurance will solve this problem. In rural ...

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