Home » Tips for Finding Affordable Flood Coverage in North Carolina
May 27, 2024

Tips for Finding Affordable Flood Coverage in North Carolina

In the beautiful state of North Carolina, diverse landscapes and weather patterns come with an inherent need for comprehensive insurance coverage. Given its coastal presence and positioning in the path of many tropical storms and hurricanes, one such necessity is flood insurance. Even a small amount of floodwater entering a home can wreak havoc on structural elements and contents alike, meaning that lacking appropriate coverage could incur devastating financial consequences.

Why Do I Need Flood Insurance? car on body of water

Flood insurance may be crucial for homeowners. It can provide financial protection against damage caused by floods, which are not typically covered by standard homeowner’s insurance policies. In North Carolina, where coastal and inland areas may often be prone to flooding, this type of insurance is often critical, as an adequate policy can cover the cost of repairing your home and replacing personal belongings damaged by floodwaters. Conversely, failing to retain adequate insurance may leave you without the means to repair your home or otherwise manage financial difficulties in the wake of a flood.

Tips for Finding Affordable Coverage

While flood insurance is often essential, its premiums represent yet another bill to pay. Fortunately, there may be ways you can limit these costs and find the most cost-effective flood insurance. Consider the following strategies:

  • Understand your risk levels. The cost of flood insurance may vary depending on your property’s flood risk. The Federal Emergency Management Agency’s Flood Map Service Center can help you understand your risk level.
  • Shop around. Don’t settle for the first quote you receive. Compare different policies to find the right fit for your situation.
  • Consider a higher deductible. A higher deductible can lower your premium, but remember that you’ll have to pay more out-of-pocket if you file a claim.
  • Improve your home’s flood resistance. Installing flood vents, elevating utilities or making other flood-resistant improvements to your home could lower your premium.
  • Ask about discounts. Some insurers may offer discounts for bundling policies or for refraining from submitting a claim for an extended period of time.
  • Review your policy regularly. Your insurance needs and available rates can change over time. Review your policy annually to ensure you’re getting the best rate and are not overinsured.

We’re Here to Help

At Barnette and Coates Insurance, we pride ourselves on helping homeowners and families in Hendersonville and throughout North Carolina understand their coverage needs and secure optimal policies. Visit our website or call 828-692-8277 to learn more about your options or to begin comparing personalized flood insurance quotes.


This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information. 


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