Flood insurance covers two main categories: building property and personal contents. Building coverage protects the structure itself—foundation, walls, electrical and plumbing systems, HVAC equipment, built-in appliances, permanently installed carpeting, and detached garages. Contents coverage reimburses you for personal belongings including furniture, electronics, clothing, and portable appliances.
Under NFIP policies, maximum coverage limits are $250,000 for building property and $100,000 for personal contents on residential properties. Private flood insurers may offer higher limits. It’s important to note that building and contents coverage are purchased separately, so make sure you have both. Basements and below-ground areas have limited coverage under NFIP policies. Learn more about comprehensive flood protection from Bridgeway Insurance.
