By Latonya Boone 
When the skies open up and floodwaters rise, the damage can be sudden, devastating, and expensive. Whether you live in a flood-prone area or not, flood damage is often unpredictable—and standard homeowners’ insurance doesn’t cover it. That’s where flood insurance comes in. At Platinum Insurance, we understand that your property is one of your most valuable assets. That’s why we offer comprehensive flood insurance solutions to protect what matters most.
In this article, we’ll break down everything you need to know about flood insurance, why it’s essential, and how Platinum Insurance can help you find the perfect coverage tailored to your needs.
Why You Need Flood Insurance
Flooding Is More Common Than You Think
Many homeowners assume they’re safe from flooding simply because they don’t live near a river, lake, or ocean. However, flooding can occur anywhere due to heavy rainfall, broken dams, poor drainage systems, or sudden snowmelts. According to FEMA, just one inch of water can cause up to $25,000 in damage.
Without flood insurance, you’re left to handle those costs on your own.
Homeowners Insurance Doesn’t Cover Floods
This is one of the most misunderstood facts in property insurance. Standard homeowners or renters insurance does not cover damage caused by flooding. So unless you specifically purchase insurance, you’re financially vulnerable.
That’s why Platinum Insurance encourages all homeowners—especially those in moderate to high-risk zones—to consider dedicated flood insurance coverage.
What Does Flood Insurance Cover?
A typical flood insurance policy is divided into two main categories:
1. Building Property Coverage
This protects the physical structure of your home, including:
- Foundation walls
- Electrical and plumbing systems
- Central air conditioning, furnaces, and water heaters
- Appliances like refrigerators, stoves, and built-in dishwashers
- Permanently installed carpeting and paneling
2. Personal Property Coverage
This portion covers the contents inside your home, such as:
- Furniture and electronics
- Clothing and valuable belongings
- Washers and dryers
- Portable air conditioning units
- Curtains and blinds
At Platinum Insurance, we ensure that your policy is tailored to your needs. Whether you own a residential property or run a business, we offer flood plans that provide thorough coverage and peace of mind.
Benefits of Choosing Platinum Insurance for Flood Insurance
Customized Policies
We know every property is unique. Our team of experienced agents will evaluate your risk level, property value, and location to build a flood plan that fits your specific needs.
Access to Top Insurance Carriers
As an independent insurance agency, Platinum Insurance works with multiple A-rated carriers. This allows us to compare policies and deliver the most competitive rates and robust coverage.
Easy and Transparent Process
Flood insurance doesn’t need to be complicated. Our streamlined process ensures you understand every aspect of your policy—from premiums to deductibles and claim processes.
Expert Guidance and Local Support
Our agents live in the same communities we serve. That means we understand local flood risks and are ready to offer expert advice based on your neighborhood’s history and potential hazards.
Who Needs Flood Insurance?
Homeowners in High-Risk Zones
If your home is in a FEMA-designated floodplain, mortgage lenders may require you to carry insurance. These areas are most susceptible to flooding, and going without coverage is simply too risky.
Property Owners in Moderate-to-Low Risk Areas
More than 20% of flood claims come from outside high-risk zones. Just because you’re not in a red zone doesn’t mean you’re safe. Storm drains can clog, heavy rainstorms can overwhelm the infrastructure, and flash floods can happen anywhere.
At Platinum Insurance, we recommend every property owner consider insurance, even in so-called “safe” areas.
Business Owners and Commercial Properties
Flooding doesn’t just impact homes—it can cripple businesses too. Inventory loss, property damage, and downtime can cost a fortune. That’s why we also offer flood for commercial clients to keep your business protected.
Understanding the Cost of Flood Insurance
Factors That Affect Premiums
Several factors influence the cost of flood , including:
- Location and elevation of your property
- Flood zone classification
- Construction type and foundation
- Year the property was built
- Amount and type of coverage selected
At Platinum Insurance, we help you find the best value for your money. Our experts will analyze your needs and shop across multiple carriers to offer options that balance cost and coverage.
How to Get Started with Flood at Platinum Insurance
Step 1: Request a Free Quote
Contact our team through our website or by phone. We’ll gather basic information about your property and provide a no-obligation quote for insurance.
Step 2: Review Policy Options
We’ll walk you through all available policy options and explain what’s covered—and what’s not—so you can make an informed decision.
Step 3: Get Covered and Stay Protected
Once you’ve selected the best policy, we’ll handle the paperwork and ensure your flood coverage begins promptly.
Why Now Is the Time to Act
Flooding events are becoming more frequent due to climate change and increased urban development. Waiting until the storm is already on the radar is too late—most flood policies take 30 days to go into effect.
Protect your financial future and your peace of mind today with flood insurance from Platinum Insurance.
Conclusion: Be Proactive, Not Reactive
Flooding can cause overwhelming loss, but you don’t have to face it alone. With flood insurance from Platinum Insurance, you get the confidence that your home, your belongings, and your future are protected. Our dedicated agents are ready to guide you through every step—from selecting the right policy to handling claims with compassion and efficiency.
Don’t wait for the flood to find you. Contact Platinum Insurance today and secure your peace of mind. Click here to discover what else we offer on our official homepage.
FAQs
1. Does flood insurance cover basement flooding?
Yes, flood insurance can cover basement flooding, but coverage is often limited to essential equipment and structural components. Talk to our agents to understand what’s included in your policy.
2. How long does it take for flood insurance to become active?
Most flood insurance policies take 30 days to go into effect after purchase. That’s why it’s important to get coverage before flooding becomes a threat.
3. Can renters get flood insurance too?
Absolutely. Flood insurance is available for renters to protect their personal belongings, even if the landlord has coverage on the building itself.