Flood Insurance

Protect Today, Prepare for Tomorrow!

What You Get

Flood insurance provides protection for destruction and financial devastation caused by floods. Although it may not seem like much, even a few inches of water can cause serious damage. The result can be thousands of dollars in repair and restoration costs. Homeowners insurance does not cover floods. Purchasing a flood insurance policy through Goodwill Financial can protect you.

Although it may not seem as necessary as homeowners insurance, flood insurance is important if you want to keep your home safe and your possessions secure. Flood coverage offers protection against losses that result from heavy and lengthy rain falls, storm surges, blocked storm drainage systems, etc.

Different types of policies are available based on your property’s location and flood history.

Standard Flood Insurance Policies

If you live in a community that participates in the NFIP, your building and its contents can be covered by a standard flood insurance policy. The National Flood Insurance Program (NFIP) was established by the Federal Government to help communities who “voluntarily participate in the NIFP by adopting and enforcing floodplain management ordinances to reduce future flood damage.” To be considered a flood, the waters must cover at least two acres or affect at least two properties. You must apply for building coverage and contents coverage separately if you choose to invest in a standard flood insurance policy.

Preferred Risk Flood Insurance Policies

If your home or business is in a low or moderate risk zone, your building may qualify for a low-cost preferred risk policy. While you aren’t required to purchase flood insurance in low-to-moderate risk areas, a preferred risk policy will protect your home and its contents if you are affected by a small flood or a larger flood that has extended into your low-risk area. In truth, many flood insurance claims occur in low-to-moderate risk areas.

 

Don’t wait until it’s too late. Contact us today and we will get you on the path to flood protection with an affordable and comprehensive insurance policy. 

Request a Quote!

Other Insurances

Homeowners Insurance

If you own a house, you want it and people living in to be safe if anything bad happens. 

Valuable Items Insurance

This type of policy provides additional coverage for the things that you value most in your home.

Umbrella Insurance

When you exceed the liability coverage limits on an insurance line, you will still be protected. 

Location

579 W North Ave Suite 300, Elmhurst, IL 60126, USA

Phone: (630)-785-2412

Fax: (630) 785-2426

Email: info@goodwillfinancial.com

Contact Us