For most, flood insurance is an extra layer of protection that is required if groundwater rises and floods their home—an event that isn’t usually covered by most homeowner policies.
New Jersey Flood Insurance’s carriers are a diverse group of industry leaders – many Admitted and A-rated – to help find you the best coverage for the best rate. By working together, we are able to provide you the best options for your flood insurance needs.
Private Carrier Options
In the past, it was up to the mortgage lender to decide what type of flood insurance was needed (usually through the NFIP) for your property – even though private carriers were able to provide alternative (and sometimes better) flood insurance coverages and quotes. Now – you can choose for yourself.
Since private carrier flood insurance policies are market-based, and depending on the coverage you need and the zone you’re in, they can be more competitive with premiums. At New Jersey Flood Insurance, we recognize the importance of having the right flood protection for risks such as hurricanes, rising rivers, heavy rains and snowmelt that impact that state of New Jersey. We also recognize the importance of having more than one choice – which is what we aim to provide you.
A few of our Private Carriers include:
- Trusted Flood
- Lloyd’s of London
National Flood Insurance Program (NFIP)
The Federal Emergency Management Agency (FEMA) (a government backed program) administers the National Flood Insurance Program (NFIP). The NFIP works closely with multiple insurance companies and MGAs, including New Jersey Flood Insurance, to provide flood insurance to those who are looking for coverage including homeowners, renters, and business owners.
New Jersey Flood Insurance offers extensive expertise of both flood insurance and current National Flood Insurance Program (NFIP) legislation. Our agents are ready to help with all of your flood insurance needs, including addressing any questions you may have. As direct representatives of FEMA, New Jersey Flood Insurance can process all flood insurance policies through the NFIP.