Flood Insurance
Do you live in Houston or the surrounding areas (Conroe, Cypress, Friendswood, Galveston, Katy, Pasadena, Spring, Sugar Land, Tomball, Woodlands)? You may need flood insurance! 1 in 5 flood claims occur on a home that was not in a high hazard flood zone. Even if your lender doesn't require it and even if your neighborhood has NEVER flooded before you are still at risk. Flood insurance can be as low as $200 a year! Contact a Gibraltar insurance agent today! It's worth looking into!
Ask about our new private flood insurance options!
Is flood covered under my home insurance policy?
No! You must purchase a separate policy for flood coverage.
Can I buy flood insurance now that there is a hurricane on its way?
Yes, but there may be a 10 to 30 day waiting period for the coverage to go into effect.
If my water heater leaks or ruptures, will my flood insurance cover the cost of the damages?
No, this would most likely be covered under your homeowner's insurance policy.
Do I need flood insurance, won't FEMA pay me if my house floods?
Yes, you do need flood insurance, FEMA will only pay you for a flood loss if your area was considered a disaster area and then the payment will be capped a certain amount and may not pay your whole loss.
How do I know if I am in a flood zone?
If you have a lender then they will most likely inform you that flood insurance is needed due to your flood zone. Talk to an insurance agent before you purchase your home to ensure you have the property insurance in place prior to closing. If your flood zone changes your lender will inform you. You can also call an agent and ask for them to look up your flood zone and if you are in a high hazard area.