NFIP vs Private Flood Insurance

A National Flood Insurance Program Policy and a Private Flood Insurance Policy are very different, and it's vital to know which is the right choice for your home to make sure you have the coverage you need in the event of a flood. We understand the choice can feel overwhelming, and that's why we're here to help. FloodPrice.com offers both private flood insurance and insurance through the NFIP. Call us with any questions you may have at 866-503-5663 or visit our website: https://www.floodprice.com/nfip-vs-pr... #floodinsurance #floodinsuranceexplained ----------------------------------------- Subscribe to our channel:    / @floodprice   Get a Flood Insurance Quote: https://www.floodprice.com/quote Learn More: https://www.floodprice.com/blog *Full Transcript:* NFIP vs Private Flood Insurance Private flood insurance and the NFIP have distinct advantages, but FloodPrice has you covered. We offer both! If you're unsure which to choose, we're here to help. Let us go over a few key differences: • The maximum building coverage amount for a private policy is $4,000,000, compared to the NFIP’s $250,000 • The maximum contents coverage is $500,000 through private insurance compared to the NFIP at $100,000 If you have a finished basement, we recommend opting or a private policy. You can get coverage for things like flooring and personal property such as furniture, electronics, and more. Generally, private flood insurance will save you money, but if your quote is over $800, it may be worth comparing it to an NFIP quote. If your home has had prior flood damage, an NFIP policy will likely be the better option. Did we mention we offer both? Give us a call today and let us help you find the right option for your home. Call us at 866-503-5663 FloodPrice.com