Flood Insurance in Seattle, WA
Standard homeowners insurance policies do not cover flood damage, which can leave property owners financially vulnerable. Flood insurance may help bridge the gap, offering coverage in case of unexpected flood-related losses.
How Does Flood Insurance Work? 
Flood insurance is a separate policy that may cover damage caused by flooding, including rising water from heavy rains, storm surges and overflowing rivers. It is available through the National Flood Insurance Program or private insurers.
Policyholders pay an annual premium based on flood zone classification, property location, building elevation and other factors. When a covered flood event occurs, the policy may help cover repair or replacement costs for damaged structures and contents, subject to the policy limits and deductibles.
What Does Flood Insurance Cover?
Standard flood insurance typically includes the following two components:
- Building coverage may help pay your home’s repair costs if a flood damages its structural elements, including its foundations, plumbing and electrical systems, walls and attached fixtures.
- Contents coverage may provide financial aid if flood water damages or destroys the contents of your home, including clothes, furniture, electronics and small appliances.
How Much Is Flood Insurance?
Flood insurance rates are usually based on your situation. Insurers consider the following when determining your premium:
- Structural details, such as its age, materials used and how it was constructed
- Location of the property
- Topography, like elevation and slope
- The area’s historical flood risk
- The amount of coverage selected
- Your chosen deductible amount
We’re Here to Help
Contact Threshold Nosh and Dwell today to explore flood insurance options. Our team is here to answer your questions and help you secure appropriate coverage.