Flood Insurance

Flooding can destroy properties and remove access to utilities, emergency services and transportation. This devastation is in addition to damaging people’s homes, possessions and livelihood. Des Moines, Iowa, has a moderate risk of flooding over the next 30 years. This means it’s likely that flooding will eventually impact those who live in Iowa. which means flooding will likely impact the day-to-day life of Iowans.

What Is Flood Insurance?

A flood insurance policy can help protect you from the destruction and financial devastation caused by a flood.

The Department of Natural Resources (DNR) assists the Federal Emergency Management Agency (FEMA) and Iowa Homeland Security and Emergency Management Division in responding to flood disasters. At Insurance Station, Inc., we work with families in the Des Moines area to help safeguard their homes and businesses from flooding damage.

The National Flood Insurance Program (NFIP) underwrites most flood insurance plans. More than 650 Iowa communities currently participate in the NFIP. Usually, you can buy NFIP plans both through major insurers and the NFIP Direct system. 

NFIP plans must comply with standards established by federal law. There are two types of coverage: structure insurance that protects your home and contents coverage that covers your belongings. There may also be coverage for debris removal costs, loss avoidance and cost of compliance. We can help you explore your options for insurance coverage.

What Does Flood Insurance Cover?

Flood insurance protects your home and usually covers the following:

·        Electrical and plumbing systems

·        Flood debris cleanup

·        Furnace, water heater and central air conditioning

·        Structural damage

How Much Flood Insurance Should I Have?

How much flood insurance you should have depends on your flood risk. If you live in a designated high-risk flood zone and have a mortgage backed by a federally insured lender, you might be required to have flood insurance. We can review your living situation and whether flood insurance is meaningful coverage.

What Does a Flood Insurance Policy Cost?

Your flood insurance policy depends on your property and location. We can help you decide what coverage best meets your needs, if you’re eligible for FEMA flood insurance, and what your coverage may cost.

Flood insurance doesn’t take effect until 30 days after purchasing your policy. However, if your lender requires that you have flood insurance to make, increase, extend or renew your loan, there’s no waiting period.

Reduce Your Risk

Flood damage is reduced each year by community flood management programs and property owners who buy flood insurance. Flood insurance is a reliable alternative to disaster assistance and helps reduce the costs of flood damage. Our agents at Insurance Station, Inc. can help you get the protection you need. Call us at 800-845-0489 to get started on your flood insurance policy.