An NFIP policy is flood insurance federally backed by the Federal Emergency Management Agency or FEMA. This form of flood insurance is available to home and business owners and renters. Flood insurance can be used whenever property and valuables have been lost or damaged by water caused by flooding. Without flood insurance, the costs of repairs can range in the thousands.
How much you will pay for flood insurance depends on your location and the flood risk level. Flood insurance is highly recommended for everyone, no matter the level of flood risk, as flooding can happen anytime. And for properties in high-risk areas, you must purchase flood insurance before your mortgage company releases the loan.
However, an NFIP policy is available at a low cost to those who qualify. At Holt Flood Insurance, we work with the NFIP, so if you're considering purchasing your flood insurance through the NFIP. We can help you through the application process and determine if you qualify. If you don't allow for some reason, we work with other flood insurance companies, such as The Hartford, Wright Flood, NFS Edge, Neptune, and Lloyds.
For more information on the NFIP policy and other insurance providers, visit our website or call us at (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.
We contacted Mr. Holt for an estimate via email over the weekend prior to a closing on a property, hoping for a response on the following Monday to take with us with confidence in being insured at the settlement table on a Tuesday. He exceeded our expectations not once but in readily responding to the initial request and then to follow-up questions all during the weekend frenzy that occurs before closing. "Impressive and responsive customer service," for sure! Ken Reuwer I have known Tim for many years and he is a man with great integrity, work ethic and one of the nicest persons I know. Over the years Tim has provided insurance counseling and advice to our company, for myself personally, as well as to our clients. Recently Tim, took time to analyze our flood insurance policy and he was able to make some excellent recommendations. Our flood insurance costs are now less and we have much better coverage. I recommend Tim to anyone without hesitation or reservation. Edward Semambya, CPA I have no problem giving you an A1 reference for taking care of the flood policies for me and Diane. I appreciate you working with the mortgage company: the surveyor and our previous agent. The result was a 75% reduction in our flood insurance premiums! Mike Edwards
