Flood Insurance For Carolina Homeowners

The Carolinas see it’s fair share of bad weather in the form of hurricanes, flash flooding, torrential downpours and more. According to the South Carolina Department of Natural Resources, such storms have caused more than $7 billion in damages over the past 12 years. As a homeowner, are you prepared to shoulder the burden of the high costs associated with flooding?

At Correll Insurance Group, we have more than 85 years of experience providing homeowners throughout the state with competent, competitive and caring insurance services. We put this experience to work for each of our clients, ensuring that we create personally tailored personal insurance packages that fit each family’s needs.

Homeowners Insurance And Flood Insurance Policies

The fact is that your homeowners insurance policy specifically excludes coverage for damages resulting from flooding. If you own a home, then you should seriously consider purchasing a flood insurance policy. This policy can cover:

  • Flood preparation costs
  • Damage to your home
  • Damaged appliances
  • Damaged goods, clothes and other belongings
  • Flood cleanup costs

Flood Insurance For Homeowners Vs. Renters Vs. Condo Owners

Flood policies come with two separate types of coverage: building coverage and contents coverage. If you own your home, then you need building coverage to pay for any damage to the dwelling. You also need contents coverage to pay for any damage done to the items inside your home. As a renter, all you need is contents coverage, as you are not liable for costs associated with the dwelling itself.

For condo owners, the necessary coverage is not always clear. Many condo owners will find that they need both contents and building coverage, while others need contents-only coverage. In these situations, it is best to speak with an experienced agent who can help you identify your risks before you purchase your policy.

Common Misconceptions About Flood Insurance & Federal Aid

If you don’t believe that your home needs flood insurance, we encourage you to reconsider. First, every house is located in a flood zone, and approximately 30 percent of flooding occurs in homes categorized in the low to moderate risk zones. Even mild flooding that leads to only an inch of water in your home can lead to tens of thousands of dollars in damage. Finally, you must know that federal disaster aid is limited.

The National Flood Insurance Program & Flood Policies

Most all flood insurance policies are underwritten by the National Flood Insurance Program (NFIP). Congress created the NFIP in 1968 with two goals in mind: to provide affordable flood insurance to homeowners and to create a sound floodplain management system.

Today, you can purchase your flood insurance through the NFIP or through a licensed insurance agent. Rates are fixed by the government.

Contact Correll Insurance Group For More Information

Whether you are looking for your first flood insurance policy or you have questions about changes to your policy under the Biggert-Waters Reform Act of 2012, reach out to our knowledgeable agents. We are happy to provide you with a free flood insurance quote and talk to you about ways you can make your coverage more affordable.

Request More Info

You may also call 864.583.5445 to speak to an agent.

We were referred to Derrik Chandler and Chandler Insurance Company (Greenville office) by one of our clients. Derrik and his company were highly recommended and he has fulfilled those expectations. We have been working with Derrik now for about five years and have been very pleased with the services he has provided. Derrik is very easy to work with and very knowledgeable about the insurance industry; subsequently, because of his efforts regarding our company, we have recently referred a friend that is also a general contractor. We fully expect him to have a similar experience with Chandler Insurance as we have.

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Find A Local Agent

Looking for a trusted insurance partner you can count on? Look no further. Correll Insurance Group is here to serve you as we have served many generations throughout the Carolinas over the past 80 years. Our teams of independent insurance agents look forward to providing competent, competitive, and caring service that’s also convenient for you or your business.

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Citizens Insurance Agency

Anderson, South Carolina
(864) 226-0354
branch details

Lowcountry Insurance Services

Beaufort, SC
(843) 522-2020
branch details

Lowcountry Insurance Services

Bluffton, SC
(843) 815-2121
branch details

Adams, Eaddy & Associates

Columbia, SC
(803) 254-9404
branch details

Correll Insurance Group of Gaffney

Gaffney, SC
(864) 489-5788
branch details

Chandler Insurance

Greenville, SC
(864) 232-1591
branch details

Coastal Plains Insurance

Hilton Head Island, SC
(843) 785-7733
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Correll Insurance Group of Inman

Inman, SC
(864) 472-2129
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Landrum Insurance Agency

Landrum, SC
(864) 457-3328
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United Insurance Agency

Laurens, SC
(864) 984-4548
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John T. Cook & Associates – Loris

Loris, SC
(843) 756-7460
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John T. Cook & Associates – Myrtle Beach

Myrtle Beach, SC
(843) 626-9491
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Correll Insurance Group of Rock Hill

Rock Hill, SC
(803) 324-2984
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Correll Insurance Group of Spartanburg

Spartanburg, SC
(864) 583-5445
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Correll Insurance Group of Summerville

Summerville, SC
(843) 486-8711
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Correll Insurance Group of Union

Union, SC
(864) 429-8819
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Jerome and Summey Insurance Agency

Brevard, NC
(828) 884-4161
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Cashiers Insurance Agency

Cashiers, NC
(828) 743-2209
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Shelley Eaddy & Associates

Charlotte, NC
(704) 331-3980
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The Phoenix Company

Winston Salem, NC
(336) 765-9332
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Gardner Associates Insurance

Columbia, SC
(803) 978-2000
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