When choosing flood-risk insurance companies, new clients approach us wanting to know the best place to purchase their flood insurance policy. Do they go with insurance from the NFIP, or is it better to buy flood insurance from a private company? Our answers to that question vary depending on their situation.
Flood insurance purchased through the NFIP is more cost-effective. However, it has limitations. The flood risk level for the area calculates flood insurance costs. Properties at a higher risk for flooding will pay more for insurance than those with a low to moderate risk. For example, if your home is worth more than $250,000 and you have high-priced valuables, it's better to go with a private flood insurance company as the coverage is more extensive.
What flood risk insurance companies does Holt Flood Insurance work with? If you need to determine what insurance company will work for you, we can help you. With over 30 years of flood insurance experience and thousands of customers served, we can answer any of your concerns. We work with various flood insurance companies, such as The Hartford, The Flood Insurance Agency, Wright Flood, NFS Edge, Lloyds of London, Neptune and the NFIP.
For more information on flood risk insurance companies, visit our website or call us at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.