Type in your address and see your options. Did your lender send a flood requirement? Is your closing date coming up? Call us. We’ll read the letter and tell you what has to happen before you close.
Use the online quote tool below. Need help with a lender requirement or an upcoming closing? Call us.
Having trouble with the tool? Open the quote tool in a new tab or contact Platinum Insurance.
The quote tool is provided by a third party. Available results depend on your property and the markets offered through the tool. Ask an agent if you need help reviewing other options.
Flood insurance pays for damage floodwater does to your building and, if you buy contents coverage, your belongings. Your homeowners policy almost certainly won’t: it generally excludes flood.
Homeowners insurance handles things like a burst pipe. Water that comes in from outside, whether from an overflowing river, heavy rain, or storm surge, is a flood loss, and it takes a separate policy. You can buy one through the federal National Flood Insurance Program (NFIP), sold by participating insurers and independent agents, or from a private insurer.
NFIP figures from FEMA’s FloodSmart. Private policies set their own limits and terms. See what is and isn’t covered →
If you have a mortgage and the home is in a high-risk flood zone, yes. Your lender will require it. Everyone else can choose, and plenty of flood claims come from outside those zones.
High-risk zones are the ones FEMA labels with an A or a V. If your home is in one and your loan is from a federally regulated lender, the lender must require flood insurance. The minimum is the lesser of your loan balance, the NFIP maximum for the building, or its insurable value. If the policy lapses, the lender can buy one for you and bill you.
No one will make you buy it, and you carry the risk yourself. Lower risk isn’t no risk: 29% of NFIP claims from 2014 to 2024 came from outside high-risk areas. Look up your address before you decide.
The quote tool asks the questions it needs to price that building.
The premium matters, but so do the coverage limits, the deductible, and what each option leaves out.
Finish the application and payment, confirm the effective date in writing, and send proof of coverage to your lender if you have one.
This is where we help most. Send us the lender’s flood insurance request, the property address, and your closing date. We’ll read what the lender is asking for, tell you which policy types are likely to work, and work backward from your closing date so the policy is in place.
A quote isn’t coverage, and your lender has the last word on what it accepts. We’ll go over both before closing.
It depends on your property. There isn’t a typical price to quote you, because flood pricing follows the specific building and where it sits. Here is what moves it.
Distance to a water source and the property’s elevation.
The cost to rebuild it and the height of its first floor.
Limits and deductibles. On NFIP policies, building and contents deductibles are chosen separately.
NFIP rates are the same through every participating insurer and agent. Private insurers set their own.
Rating factors and credits from FEMA’s Risk Rating 2.0 materials, via FloodSmart for agents.
Two questions settle most of it: will the policy cover enough to rebuild, and will your lender accept it?
The quote starts with your address, so you’re looking at a price for your building, not a zip-code average.
Flood requirements are easy to misread. Platinum Insurance, an independent agency, will go through yours with you by phone.
The quote tool is run by a third party and shows the markets available through it. If you want to talk through other options, ask an agent.
Realtors, loan officers, processors, and insurance agents can share our quote link or send us a client’s property and deadline.
See How Referrals WorkWant the full explanation? Read the flood insurance guide or call (410) 650-6020.
You can buy it, but NFIP coverage generally starts 30 days after purchase, so a policy bought once a storm is forecast usually won’t cover that storm. There are exceptions, including for mortgage transactions. Private policies set their own waiting periods.
Ask for the requirement in writing. For a federally regulated lender, the minimum is the lesser of your loan balance, the NFIP maximum for the building, or its insurable value. Send us the notice and your current policy and we’ll compare them.
No. NFIP rates are the same through every participating insurer and agent. What differs is the help you get and, if you look at private policies, the policy itself.
Only partly. The NFIP doesn’t cover belongings kept in a basement, and it doesn’t pay for temporary housing while you repair. Private policies vary, so ask about both before you choose.
While Congress hasn’t reauthorized the program, the NFIP can’t issue new policies or renew existing ones. Policies already in force stay in effect through their term, and private flood insurance isn’t affected.
Report the claim to your insurer or agent right away, document the damage before you clean up, and send your paperwork within 60 days of the flood. The guide has the full checklist.
Enter your address, or call with your lender’s letter in hand. Flood coverage often has a waiting period, so the sooner you look, the better.