Flood Insurance Information
Flood Insurance - South Carolina
Serving Mount Pleasant, Charleston, Saint Stephen, and surrounding communities.
If you own or rent a home anywhere in the United States, you may be surprised to hear that we all actually live in a flood zone. In fact, flooding is the most common natural disaster in our country, affecting every region and state. Yet flood damage to your home and property is excluded from nearly all homeowners insurance and tenant policies. So, it is in the best interest of any homeowner or renter to consider adding flood insurance coverage, even if your home is located in a low to moderate X zone, or your lender does not require flood insurance. With one in four insurance claims occurring outside of high-risk flood areas, we know that investing in a separate flood insurance policy to help pay for repairs and replace your belongings in the event of a flood is always a wise decision. A study by the National Flood Services concluded that just one inch of flood water can cost anywhere from $10,819 to $53,454 in property damage, depending on the size and value of the property. You can check out your home’s estimated flood damage calculation here.
Moulton & Sheally Insurance is well-versed in the ins and outs of flood insurance to make the process of selecting the most affordable coverage for your individual needs as easy as possible. We offer a wide range of reliable private flood insurance products as well as National Flood Insurance Program coverage. Remember, there is a 30-day waiting period before some new flood coverage can begin, so contact our agency to get started right away.
2021 FEMA Flood Map Changes
Charleston County flood map changes went into effect on January 29, 2021. To determine the impact on your property, if any, click the Check FEMA Map button below, search your address, and reach out to us with any questions.
Check FEMA Map
What is typically covered under a flood insurance policy?
- Building coverage pays to repair or replace the insured structure, its foundation, including things like floors and walls, electrical and plumbing systems, central air conditioning, furnaces and water heaters, refrigerators, the stove, built in appliances, and most permanently installed items in your home.
- Contents coverage provides payment for lost or damaged personal possessions inside the building up to a specified insured value for things like furnishings, clothing, electronics, and some appliances.
Additional Coverage Options to Consider
Coverage for temporary living expenses, basement contents, pool repair, and detached structures may also be of interest, depending on your needs. Note that vehicles are generally not covered under a flood insurance policy. Vehicle damage resulting from floodwaters should instead be included in your comprehensive personal auto insurance coverage.
Ready to get started?
No matter where you are, floods can cause thousands of dollars in devastating damage to homes and businesses alike. We can help you become financially prepared for this unfortunate situation. Protect your property with the right flood insurance policy by calling Moulton & Sheally Insurance today!
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How do I know if I’m in a high-risk flood zone?
High-risk flood zones are determined by the Federal Emergency Management Agency (FEMA). These zones are areas in a state that are rated most likely to flood. You can determine whether or not you are located in a high-risk flood zone by searching for your property on the flood zone map tool produced by FEMA. Moulton & Sheally agents can assist you with assessing this determination as well.
What is the definition of a flood?
A flood is a general and temporary condition of partial or complete inundation of two or more acres of normally dry land area, or of two or more properties (at least one of which is the policyholder's property) from: overflow of inland or tidal waters; or unusual and rapid accumulation or runoff of surface waters from any source; or mudflow; or the collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood as defined above.
TOGETHER IS BETTER
Insurance can be more affordable when the coverages you need are purchased together. We can help you explore discount options for adding flood coverage to your homeowners insurance policy. Contact our agency to learn more about bundled savings opportunities.