At Holt Flood insurance, we quote flood zone rates when giving our customers an estimate on the cost of flood insurance. We also inform our customers that flood insurance is mandatory for high-risk areas. Areas at a higher risk for flooding will pay more than low to moderate risk.
While it's only mandatory for high-risk areas to have flood insurance, we strongly encourage everyone to purchase it regardless of risk, as flooding can happen anytime. You can buy flood insurance through the NFIP or a private company. Renters also qualify for flood insurance and will pay a little less as they only need content insurance.
Regarding flood zone rates on the flood map, areas A and V are high-risk. While B, C and X flood areas have a low to moderate flood risk. For A and V areas, annual flood rates can average around $900. The low to moderate areas will pay about $500 a year. The NFIP does offer more affordable rates than private insurance. However, you may not get the coverage you need. With over 30 years of flood insurance experience, we can help you find an insurance rate that works for you, whether you are new to flood insurance or looking for a more reasonable rate.
For more information on flood zone rates, visit our website or call (540)809-1415. We will answer any questions you may have. Contact Holt Flood Insurance today.
We contacted Mr. Holt for an estimate via email over the weekend prior to a closing on a property, hoping for a response on the following Monday to take with us with confidence in being insured at the settlement table on a Tuesday. He exceeded our expectations not once but in readily responding to the initial request and then to follow-up questions all during the weekend frenzy that occurs before closing. "Impressive and responsive customer service," for sure! Ken Reuwer I have no problem giving you an A1 reference for taking care of the flood policies for me and Diane. I appreciate you working with the mortgage company: the surveyor and our previous agent. The result was a 75% reduction in our flood insurance premiums! Mike Edwards I have known Tim for many years and he is a man with great integrity, work ethic and one of the nicest persons I know. Over the years Tim has provided insurance counseling and advice to our company, for myself personally, as well as to our clients. Recently Tim, took time to analyze our flood insurance policy and he was able to make some excellent recommendations. Our flood insurance costs are now less and we have much better coverage. I recommend Tim to anyone without hesitation or reservation. Edward Semambya, CPA
