NJ Flood Insurance

New Jersey Flood Insurance Information

Even though flood insurance is relatively inexpensive, most
homeowners do not choose to purchase the insurance protection
available. According to the Federal Insurance Administration, less than
one-quarter of the homes in areas most vulnerable are insured against
flood loss. In those areas, flooding is 24 times more likely to occur than
a fire during the course of a typical 30 year mortgage.

A standard homeowners insurance policy will not cover damages
caused by flooding. You must have flood insurance from an insurer that
writes for the National Flood Insurance Program. If your community
participates in a floodplain management program, you should be eligible
to buy the coverage no matter if your flood risk is low, medium or high.
Residents of "coastal barrier areas" and communities that do not
participate in floodplain management programs may have trouble finding
flood insurance coverage. New Jersey flood insurance is also available
to renters, condominium owners, and co-op owners.

Outside of fire, flooding is the most widespread natural disaster.
According to the National Flood Insurance Program, two adjacent
properties have to be under water to call the situation a flood. In a
rural area, at least 2 acres must be submerged.

The two primary types of New Jersey Flood Insurance Policies
are listed below.

The value of property as figured by determining the cost to replace
the damaged or destroyed property and adjusting the replacement
value by subtracting an amount that reflects depreciation. Or in
other words, replacement cost minus depreciation. New Jersey
homeowners are entitled to a replacement cost value if they live in
their homes at least 80% of the time and have flood insurance
coverage for at least 80% of their home's market value.

Commercial and apartment buildings will be covered only for
actual cash value.

Replacement Value Policy

The amount it costs to replace or rebuild a damaged property.
Replacement cost coverage is available only for the building
portion of a condominium insurance policy. Owners of single-
family homes may be able to buy replacement cost coverage on
the building portions of their flood insurance policies. A New
Jersey flood insurance replacement value policy will pay only the
replacement value up to the coverage limit. For example, if
rebuilding your home will cost $400,000, but you only purchased
$300,000 in coverage, your insurance policy will pay you only
$300,000.

Click on the link below to fill out a secure quote request form for
a New Jersey Flood Insurance policy that will provide excellent
personal insurance coverage at an affordable cost. Or you can
speak with our New Jersey Flood Insurance agent specialist at
609-430-4744 to discuss the policy features in more detail.

Click here to fill out a

New Jersey Flood Insurance

policy quote request form

We are a local central NJ insurance agency, offering affordable New Jersey
flood insurance premiums and services in the following cities and counties:
Skillman, Princeton, Trenton, Slackwoods, Ewingville, Bakersville,
Lawrenceville, Stoutsburg, Glenmoore, Mount Rose, Centerville, Rileyville,
Mercerville, Hamilton Square, Yardville, White Horse, Groveville, Bordentown,
Washington Crossing, Marshalls Corner, East Windsor, South Brunswick,
Plainsboro, Linvale, Harbourton, Mount Airy, Blawenburg, Deans, Kendall Park,
Harlingen, Dutchtown, Pleasantview, Plainville, Hillsborough, Belle Mead,
Flagtown, Franklin Park, Woods Tavern, Three Bridges, Neshanic, Griggstown,
Bridgewater, Finderne, Edison, Middlebush, Millstone, Kingston, Rocky Hill,
Zion, Reaville, Cloverhill, Stockton, Flemington, Sand Brook, Croton, Somerset,
Piscataway, Manville, Somerville, Byram, Middlesex, Washington, New
Sharon, Chesterfield, Hamilton, Georgetown, Allentown, Fieldsboro, Hedding,
Roebling, Columbus, Jacksonville, Chambers Corner, Wrightstown, Mount
Holly, Monmouth, North Brunswick, Stanton Station, Willingboro, Cherry Hill,
Princeton Junction, Cranbury, Etra, Robbinsville, Winsor, Edinburg, Dutch
Neck, Flemington, Mercer County, Somerset County, Middlesex County,
Camden County, Hunterdon County, Morris County, Burlington County, Ocean
County, and Monmouth County, NJ. We also offer New Jersey flood insurance
services throughout the Garden state, including the Atlantic City, outer
Philadelphia, Camden, and Newark, NJ areas.

New Jersey Flood Perils Include:

Unusual & rapid accumulation of runoff or surface
waters from any source

Overflow of inland or tidal waters

Mud slides caused by flooding

The washing away, collapse, or subsiding of land along
the shoreline due to erosion or undermining of waves or
currents exceeding the cyclical levels

Sewer backup caused by flooding

Actual Cash Value Policy

To review the Federal Emergency Management Agency's
Flood Maps for your property...click HERE!

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**The information, pictures, and other content in this website about
particular insurance services is only provided for informational purposes.
Any decisions regarding your insurance needs should be discussed
with a licensed insurance agent.