Flood Zones in Texas: Do You Need Flood Insurance?

Flooding is a significant concern in much of Texas, a state known for its diverse climate and frequent severe weather events. Understanding flood zones and the necessity of flood insurance can help financially protect your property and financial well-being.

What Is Flood Insurance?

Flood insurance is a specialized policy that covers damage caused by flooding, which is typically not included in standard homeowners insurance. Often available through the Federal Emergency Management Agency (FEMA) and its National Flood Insurance Program (NFIP) and private insurers, flood insurance can provide coverage for your home’s structure and its contents. This insurance is crucial because even a small amount of water can cause extensive and costly damage.

What Are Flood Zones?

Flood zones are geographic areas defined by FEMA based on the likelihood of flooding. These zones are depicted on Flood Insurance Rate Maps (FIRMs) and are categorized from high-risk to low-risk areas. High-risk zones, such as those labeled with letters A or V, have a 1% annual chance of flooding, also known as the 100-year floodplain. Moderate- to low-risk zones, labeled B, C or X, have a lower probability of flooding.

How Do Flood Zones Affect Coverage Needs?

The flood zone designation of your property significantly influences your need for flood insurance. If you live in a high-risk flood zone and have a federally backed mortgage, you’re required to have flood insurance. Flood insurance is still advisable even if you reside in a moderate- or low-risk area. Many flood insurance claims come from properties outside high-risk zones. Understanding your flood zone can help you assess your risk and ensure you have adequate coverage to protect your home and belongings.

We’re Here to Help

Contact Shelby Insurance Agency in Hemphill, Texas, today to learn more about flood coverage and compare quotes for suitable policies.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.