What is Primary and Excess Flood?
Primary and Excess Flood insurance are types of coverage designed to protect properties from flood damage. Primary Flood insurance typically provides the first layer of protection and is often required for properties in high-risk flood zones. Excess Flood insurance offers additional coverage above the limits of a Primary Flood policy, helping to cover larger losses that exceed standard policy limits.
Who Needs It
Property owners in flood-prone areas, especially those with high-value homes or commercial buildings, may need both Primary and Excess Flood insurance. Lenders may require Primary Flood insurance for properties in designated flood zones. Excess Flood insurance is ideal for those who want added protection beyond the federal or standard private insurance limits.
What It Typically Covers
Primary Flood insurance generally covers:
- Structural damage to the building
- Electrical and plumbing systems
- Built-in appliances and flooring
- Foundation damage
- Cleanup and debris removal
Excess Flood insurance can extend coverage limits and may also cover:
- Additional building repair costs
- Higher-value personal property
- Losses not fully covered by the primary policy
Common Exclusions and Limitations
Flood insurance, both primary and excess, typically does not cover:
- Damage from moisture, mildew, or mold not directly caused by flooding
- Temporary housing or living expenses
- Vehicles and outdoor property like landscaping
- Basement improvements such as carpeting or personal belongings stored in basements
Factors That Influence Cost
Several factors can affect the cost of Primary and Excess Flood insurance, including:
- Location and flood zone designation
- Building construction and elevation
- Coverage limits and deductibles
- Claims history
- Type of property (residential or commercial)
Proof of Insurance & Compliance
Lenders often require proof of flood insurance for properties in certain flood zones. Each state may have different regulations and requirements, so it's important to ensure your coverage meets both lender and local obligations. Always verify with your agent or insurer if your policy satisfies these requirements.
How to Get a Quote
Getting coverage for flood risks starts with a quote. Our licensed agents can help you compare options for both Primary and Excess Flood insurance. Get a quote today to protect your property against flood damage.
Frequently Asked Questions
What is the difference between Primary and Excess Flood insurance?
Primary Flood insurance covers losses up to the policy limit, often set by federal or private insurers. Excess Flood insurance provides additional coverage beyond those limits.
Can I buy Excess Flood insurance without Primary Flood coverage?
No, Excess Flood insurance is only available if you already have a Primary Flood insurance policy in place.
Does homeowners insurance include flood coverage?
No, standard homeowners insurance usually does not cover flood damage. Separate flood insurance is needed for that coverage.
Is flood insurance required by law?
Flood insurance may be required by lenders if your property is in a high-risk flood zone. Requirements vary by location and loan type.
When does Excess Flood insurance take effect?
Excess Flood insurance kicks in after the limits of your Primary Flood policy have been reached.
Still have questions? Talk to a local insurance expert.