Flood Insurance
If flooding is a possibility in your community, it’s important to make sure you’re protected.
Remember, your homeowner’s policy does not cover flood damage. You must purchase a separate policy.
It’s a good idea to contact our agency to start the process as soon as you can because most flood
insurance policies have at least a 30-day waiting period before they take effect.
Policy Options
To help you protect your residence or commercial building, Erie Insurance has partnered with
American Bankers to offer flood insurance.* American Bankers, one of the top flood carriers in the
country, consistently receives an excellent rating for financial strength from leading authority
A.M. Best Company.
This rating is important because it reflects the insurer’s ability to meet its ongoing insurance obligations.
Flood insurance for your home or business is also available through the Federal Emergency Management Agency’s
National Flood Insurance Program (NFIP).
The program was created to help provide a means for property owners to financially protect themselves.
Coverage
All types of homes including condos are eligible for flood insurance. You can even purchase flood
insurance to protect your possessions if you rent your home.
But while most homeowners insurance is set up to get your home and belongings back to their
pre-loss states, flood insurance is designed to simply get you back on your feet — it’s not as
comprehensive as most homeowners policies.
Premium costs for residential properties vary depending on coverage, which is available for your
building, contents or both. For instance, flood insurance usually covers washers and dryers, food
freezers and the food inside. Water tanks, oil tanks, furnaces, stairways, unpainted drywall,
sheet rock walls and ceilings are generally covered as well.
More Information
For more on flood prevention and the NFIP, visit FEMA online at
www.fema.gov
or call the NFIP at 1-800-Call-Flood (1-800-225-5356). The FEMA Web site features information about
insurance coverage and flood safety.
If you don’t have coverage, or if you’re not sure if you have enough,
contact our agency.
We can help determine the flood risk level for your home and property and advise you on the
appropriate level of insurance protection.
*See individual policies for specific details.