Flooding in Florida may bring significant personal and financial hardship. Since nearly all Florida homeowner policies exclude losses due to flooding, it’s important to take the time to talk about coverage with your agent and why it may be important to purchase a separate flood policy.  With hurricane and the rainy (and thus flood) season just around the corner, now is the time to start thinking about flooding and flood insurance. 

High Cost for Flood Cleanup

A Florida customer that experiences damages due to flooding may have to come up with serious cash. According to Floodsmart.gov, Florida homeowners who encounter one to four inches of flood damage may have to pay approximately $15,150 out of their own pocket to clean up after the waters subside. That $15,150 could pay for replacing items like:

  • $600: Computer equipment
  • $950: Cleanup and materials
  • $1,000: Doors, base trim, and windows
  • $1,500: Replace drywall and insulation
  • $7,900: Replace carpeting and flooring

Florida customers impacted by five to twelve inches worth of flood damage to their property can tack on an additional $12,000 for a potential cleanup bill that could be more than $27,000. This could account for:

  • $900: Electrical and plumbing
  • $1,000: Repainting the interior
  • $2,200: Appliances
  • $2,400: Kitchen and bath cabinets
  • In addition to the $15,150 for the repairs listed above

And the dollar amounts just keep rising. For each additional inch of flood water, the potential cost to homeowners rises.  Florida homeowners who experience a two foot flood may have to pay more than $33,000 for repairs for only a 1,000 square foot home.

So what should I do?

It takes 30 days after purchase for a flood policy to take effect, so it’s important that Florida customers buy flood insurance before the floodwaters start to rise. The Culbertson Agency can assist you with quoting a Florida flood policy.  Call us today with any questions or for a free quote at (239) 210-7700 or (877) 453-8631.