Calculating Flood Risk
Flood Risk Services for Property Owners Throughout Florida and Beyond
Many property owners in Florida and other coastal states recognize the need for flood insurance. Basic property insurance policies do not cover the damages concerning floods, leaving property owners open to heavy financial loss. However, not all property owners need flood insurance, and some need more than others.
The insurance professionals at Afton Managing General Agency Inc. are dedicated to helping you calculate your flood risk so that you can get the best flood insurance policy for your items. We will help you evaluate how high risk you are depending on your area and provide a flood insurance policy with reliable protection at a competitive price.
How is Flood Risk Calculated?
Flood risk is calculated based on a number of factors as evaluated through the Federal Emergency Management Agency (FEMA). They calculate your home’s risk level through topographical and infrastructural factors as well as where your home is in relation to flood zones and claims history.
Your flood risk can depend on your flood zone. There are six types of flood zones:
Zone B: Zone B homes face moderate flood hazard risk.
Zone C: Zone C homes face minimal flood hazard risk.
Zone D: Zone D homes have a possible risk of flooding.
Zone V: Zone V is a special flood area in coastal areas with a high risk for floods.
Zone X: Zone X identifies Zones B and C on a flood insurance rate map.
Basic home insurance policies do not cover damage caused by floods, so if you live in a high risk flood zone, you will need to purchase an additional .
Evaluate Your Flood Risk Today
Common Flood Risk Insurance Questions
What is Flood Risk?
Flood risk refers to how at risk your home is for flooding damage. If you live in an area with a long history of floods and flood claims, you may live in a high risk area. This means you likely need additional flood insurance.
What Areas are at High Risk for Flooding?
Areas that are high risk (generally Zone A and Zone V) are those that have a history of floods or flood damage. Many areas in Florida, such as coastal communities, are considered high risk due to the frequency of floods.
What is a Flood Risk Assessment?
A flood risk assessment is how your flood risk is calculated. Based on your location and other factors, you can learn how at risk you are of flood damage and prepare with an appropriate flood insurance policy.