Private flood insurance

Since we’re just coming out of Florida’s dry season, Bradenton and Sarasota homeowners are probably not thinking about the dangers of flooding—and that could be a big mistake. According to Floridadiaster.org, “Flooding is the most common and damaging natural disaster in the country.” And Florida’s geography and proximity to water make it especially vulnerable to […]

You know waterfront living carries risk of flooding, but did you know that about 25 percent of all flood claims come from moderate- to low-risk areas? Every year, thousands of homes flood that aren’t in a designated flood zone.  Because Florida has flat terrain, low elevation and a high water table, realistically, nearly the whole […]

Insuring a home in a flood zone has just become more expensive. Recent changes to the National Flood Insurance Program (NFIP) went into effect Oct. 1, 2021 for all new flood insurance policies, and will begin affecting existing flood policies at renewal. Under the new program, called Risk Rating 2.0, 80 percent of Florida’s flood […]