Learn how to find affordable flood insurance in Highlands County.
Sitting in South Central Florida, Highlands County offers residents and visitors a scenic escape from the bustle of city life. Here, you’ll find plenty of forests, citrus groves, and tranquil lakes. But nature comes with a cost, and the area faces an increasingly high risk for flooding, according to Flood Factor. In the last 30 years, more than 12,000 properties have been at risk for flooding.
Highlands County and so many other parts of Florida are facing increasing flood risks because of rising sea levels, shifting weather patterns, and more severe storms. As the atmosphere increases in temperature, there’s more evaporation, which creates more water during rain events. Flood Factor states that 12 percent of all Highlands County properties are at risk for flooding.
That means flood insurance is a wise investment for homeowners in Highlands County, regardless of their flood zone. Let’s take a look at average flood costs for this region.
On average, our Highlands County flood insurance costs $143 a year. Compare that to the National Flood Insurance Program’s average premium for this area: $472. That means homeowners can potentially save up to $329 a year with Kin.
In fact, our coverage is cheaper than the NFIP for about 71 percent of Florida.
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Remember that your flood zone is the biggest factor in how much your flood coverage costs. The best way to find out how much your flood protection will be? Contact us for an accurate quote in seconds.
So what’s behind Florida flood insurance costs? Namely its weather and likelihood of flooding. Florida has the highest flood risk of any state thanks to its 11,000 miles of rivers, waterways, and streams paired with the region’s flat terrain. Add in Florida’s yearly 54 inches of rainfall, and you have a recipe for floods.
Coastal regions in Florida generally have a greater risk of flooding than inland areas, but 20 to 25 percent of flood claims happen in low or moderate risk zones.
FEMA designated flood zones with letter labels to indicate their risk level. Highlands County’s flood map reveals both A and AE flood zones, both of which are high-risk areas. If your home is in either of these zones, you’re required to have flood insurance if your mortgage is federally secured.
Both Zone A and AE designate high-risk flood zones with a 1 percent annual chance of flooding.
Many Florida residents go through the NFIP for flood insurance, but its coverage can be limited. It caps coverage for your home at $250,000 and $100,000 for your belongings.
By contrast, we match our flood coverage to your homeowners policy’s underlying limits. If you have $150,000 in coverage for your personal belongings, you’ll have $150,000 in flood coverage for it, too.
Our Florida flood insurance can cover:
The first step to minimizing your home’s flood risk is to understand it. Check out FEMA’s flood maps or Flood Factor, where you can type in your address and see your property’s risk at a glance. You can even see the flood outlook for your area. For example, 33 percent of properties in Lorida, Florida, are at risk of flooding. Nearly 11 percent of those are at severe to extreme risk.
The next phase is to minimize your home’s flood risk. You might start by:
Doing so can lower your flood risk and help keep your coverage costs down over time.
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