Flood insurance for Levy County, Florida

Homeowners in Levy County Florida know that their location on the Gulf Coast puts them at risk for hurricanes, but that isn’t the only catalyst for flooding in the area. Back in 2019, Levy had 19-inches of rainfall in just three days that damaged homes across the area.

Flood risks aren’t only increasing in Levy County; they’re growing for all of Florida. But the damage floods cause is seldom covered by home insurance, which means most Florida homeowners have to get flood insurance, too. Unfortunately, the state’s flood risk translates into higher flood insurance premiums for many Florida residents, including some in Levy County.

Cost may not be your only concern when buying flood insurance in Levy, but it’s certainly an important one. Our flood insurance is affordable while still providing the quality coverage you need to protect your home.

What is Levy County flood insurance?

Flood insurance in Levy County, Florida is a policy that protects homeowners from financial loss if their homes are damaged by floodwater. Most flood insurance policies cover claims stemming from events like:

• Storm surge.
• Flash floods.
• Inland flooding.

The main similarity between these perils and others typically covered by flood insurance is that they come from outside of your house. Homeowners policies usually cover internal sources of water damage, like busted pipes, but not internal sources. This is what makes flood insurance so important in Levy County.

Ready to see how Kin can help you protect your Levy County home? Give us a call at 855-717-0022 to speak with a specialist now!

How much does flood insurance cost in Levy County?

Let’s start with the cost of flood insurance in Florida. Homeowners in the Sunshine State pay an average of $613 per year for the coverage. That’s actually fairly cheap compared to other states.

However, that’s just an average. Levy County’s location on the Gulf puts its residents at risk for hurricane flood damage, and that can mean higher-than-average flood insurance premiums.

One look at Levy County’s flood map is enough to see why flood coverage is a necessity. The overwhelming majority of the area has a high risk for flood, including Flood Zone A, Flood Zone AE, and Flood Zone VE. These areas are what the Federal Emergency Management Agency (FEMA) calls Special Flood Hazard Area where federally backed mortgages require flood insurance.

We should note that Levy County homeowners outside of flood zones should not assume they're safe from flood damage. The county’s flood map indicates there are many areas in the county with low-to-moderate risk. The FEMA estimates that 25% of flood claims come from areas like these.

How Kin flood insurance protects your Levy County home

Levy County homeowners who invest in flood insurance have two options: coverage from the National Flood Insurance Program (NFIP) or from a private insurer like Kin. Both products protect you from the financial losses associated with flooding, but our flood insurance is often less expensive because it comes as an endorsement to your home policy.

Not only does covering flood damage via an endorsement usually cost less than an additional policy, it also means you:

• Simplify your insurance coverage. Managing two different policies is complicated. Getting Kin flood insurance means you pay one premium and work with one claims process.
• Get flood insurance limits that match your home insurance limits. The NFIP limits your coverage to just $250,000 on your dwelling and $100,000 for your personal property.
• Can cover additional structures on your property. Other structures like a garage or shed get covered, too.
• Have flood coverage immediately. Unlike the NFIP, we don't require a 30-day waiting period. We don’t require an elevation certificate either.

Contact us today to receive a quote for your Levy County property.

Mitigating Flood Risks

Perhaps the most important step to protecting your home from floods is to find out exactly what kind of risk you have. Entering your zip code in Flood Factor is a great way to do that. Once you know, you can take steps to reduce your flood risk, such as:

• Grading your landscaping to water runs away from your house.
• Moving water-sensitive equipment to higher floors.
• Installing backflow or gate valves on the sewer pipes connected to your home.
• Reinforcing your roof.

Taking steps to minimize your home’s risks of flood damage can help you score a lower flood insurance rate and protect the integrity of your property.