Flood Insurance

Here's what you need to know and what ABCO Insurance Agency can do for you and your piece of mind.

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​A basic homeowners insurance policy will NOT cover floods. The cost of your flood insurance premium is determined by your level of risk, how much coverage you choose, your deductible, the age, elevation and type of home you own. You can determine your level of risk by visiting FloodSmart.gov.

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What Does Flood Insurance Cover? There are two types of coverage: building and contents.

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Building Coverage

• Homeowners and condominium unit owners can purchase up to $250,000 of building coverage. 

• Businesses can purchase up to $500,000 of building coverage. (Additional coverage is available)

• Residential condominium associations can purchase up to $250,00 for each eligible unit or the replacement cost of the building.

Contents Coverage

• Homeowners and condominium unit owners can purchase up to $100,000 for contents.

• Businesses can purchase up to $500,000 for contents.

• Renters can also purchase contents protection up to $100,000.

​​Thousands of homeowners thought it would never happen to them. Don't be one of those homeowners to not have flood insurance. Be smart because you never know when a flood will strike, everyone's home is at risk. Take a moment to call us. ABCO Insurance has licensed professionals waiting to quote, advise, and maximize your discounts to get you the best rate and coverage.