Call Us 303.960.5290 ☰ ˟
  • Home
  • Personal Insurance
    • Car Insurance
    • Classic Car Insurance
    • Homeowners Insurance
    • High Value Homeowners Insurance
    • Condo/Townhome Insurance
    • Renters Insurance
    • Rental Property Insurance
    • Flood Insurance
    • Umbrella/Excess Liability Insurance
    • Builders Risk
    • Motorcycle Insurance
    • Recreational Vehicle Insurance
    • Boat and Watercraft Insurance
  • Commercial Insurance
    • Business Owners Package (BOP) Insurance
    • General Liability
    • Commercial Property Insurance
    • Commercial/Business Auto Insurance
    • Umbrella/Excess Liability Insurance
    • HOA/Homeowner Association Insurance
    • Cyber Liability/Data Breach Insurance
    • Directors & Officer Insurance
    • Apartment Building Insurance
    • Restaurant Insurance
    • DayCare Center Insurance
    • Flood Insurance - Business
    • Liquor Liability
    • Farm Insurance
    • Workers Compensation
    • Surety Bonds
  • Make A Payment
  • Blog
  • Resources
    • How Insurance works
    • 10 Steps to Starting a Small Business in Colorado
    • Insurance Glossary
    • Frequently Asked Questions
    • Why Choose a Broker
    • Privacy Policy
    • Calculators
  • About Us
    • Service You Can Expect | Denver West Insurance Brokers
    • Location
    • Testimonials
    • Contact Us
Logo (303) 960-5290


Home > Flood Insurance | Denver West Insurance Brokers | Golden, CO

Flood Insurance


Flood Insurance Information

 

Many residents think Colorado is not a flood-prone state This is not true. In 2013 flooding inundated the state and there have been many past flood events in Colorado causing millions in dollars of damage . Here is proof:

Flash Floods in Colorado  2013

National Weather Service - Floods in Colorado

 

 

Most people make the assumption that flood occurrences and the resulting damage to your home and belongings is covered by a standard home insurance policy or the government will provide financial assistance when a disaster like a serious flooding event occurs in your town.  This is not true. Your home policy specifically EXCLUDES Flood Events and any government assistance you receive after a flood...HAS TO BE REPAID.  In order to be fully covered and be able to repair your home after a flood, you have to purchase a separate policy specifically designed to cover the peril of Flood.

Below are some important facts to know about Flood Insurance

  • You can purchase a flood policy through FEMA (Federal Emergency Management Agency) or a Private Insurance carrier, usually through insurance brokers or agencies. This program is called the National Flood Insurance Program (NFIP).
  • The NFIP provides 'replacement' coverage for the building (meaning to rebuild your home as it was before the flood).
  • The NFIP provides ' actual cash value' coverage for your personal belongings, meaning 'depreciated' evaluation.
  • The maximum limit you can purchase to replace your home through FEMA is $250,000. Private carriers will insure for more.
  • You can purchase an 'excess' flood' policy if you desire more coverage than $250,000 to repair your home.
  • You have to purchase a Flood Policy BEFORE the event occurs. Most policies require a 30 day waiting period after purchase before coverage will apply
  • The average cost of a flood insurance policy is only $700/year or $58/month as of 2017.

At Denver West Insurance Brokers in Golden, CO, all our agents are licensed and can provide quotes for flood insurance through NFIP and private carriers.  We are happy to assist in making sure your home and possessions are insured for all types of perils, including a Flood event. Give us a call today! We've been licensed in the state of Colorado since 203 and serve the communities of Denver, Lakewood, Wheat Ridge, Arvada, Littleton, Morrison, Evergreen and all of Colorado.

Why Independent Agent?:

Because independent insurance agencies, like Denver West Insurance Brokers, represent a number of different insurance companies, and can compare coverage and prices to find the best possible value for your individual circumstances. As independent agents, we are members of the Denver and surrounding metro community, and we’re committed to doing business face-to-face and being your advocate in times of need.
Continue Reading


Logo
A Member of Alliance Ins Group
722 Washington Ave #C205
Golden, CO 80401

Ph: 303.960.5290
Fx: 303.988.8390
Logo
A Member of Alliance Ins Group
620 E. Main St.
Frisco, CO 80443

Ph: 970-930-2200
Fx: 303-988-8390


Social Social Social
Home Blog About Us Meet Us Contact Us

Powered by Insurance Website Builder