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Flood damage can happen to anyone, which is why GEICO offers flood policies through the National Flood Insurance Program (NFIP). Over time, certain areas are more likely to flood than others. If you live in one of these areas and have a mortgage, federal law may require you to have flood insurance. But, even if you're not required to purchase flood insurance, your home could still be at risk of flooding!
Most flood insurance policies require a 30-day waiting period before the insurance is effective. But exceptions are made for certain circumstances such as if you've purchased a home and the closing is in less than 30 days.
Flood insurance covers the structure of your home and your personal property. The limits and details of flood insurance are different from those of your standard homeowners policy, so be sure to discuss them both with your GEICO agent to make sure you're properly insured when it comes to water damage.
Flood policies must be paid in full. In many instances the payment can be rolled into your mortgage. Please give us a call at 1-800-841-2964 to learn more.
Flood coverages are written through non-affiliated insurance companies and are secured through Insurance Counselors Inc., the GEICO Property Agency, doing business as GEICO Insurance Agency in CA, MA, MI, NJ, NY, OK, SD, UT.
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