Is Flood Insurance affordable?

Flood insurance can be more affordable than you think, for those who qualify for preferred rates; below you’ll find a sampling of policy premiums from FEMA for different amounts of coverage.

If you have any additional questions, would like assistance determining what your rate would be or are ready to purchase flood insurance, you can contact us at 321-751-2511

Find Your Rate (effective May 1, 2010):

A residential policy based on preferred rates for qualified structures in moderate-to-low risk areas.
A Preferred Risk Policy offers two types of coverage: Building & Contents and Contents Only.

Moderate-to-Low Risk Areas
RESIDENTIAL: Preferred Risk Policy (ZONES B, C, X)
(PRE-/POST-FIRM)

Building & Contents Coverage Annual Premium
Without Basement or Enclosure

$75,000/$30,000 $237
$100,000/$40,000 $264
$125,000/$50,000 $284
$150,000/$60,000 $303
$200,000/$80,000 $333
$250,000/$100,000 $355


Premium includes Federal Policy Fee of $20.00.
Premium includes ICC premium fee of $6.00. Deduct this amount if the risk is a condominium unit.
Contents-only policies are not available for contents located in basement only.

Note: Residential condominium associations are not eligible for the Preferred Risk Policy. Individual residential condominium units in residential condominium buildings are eligible for the Preferred Risk Policy. In addition, individual residential condominium unit owners in nonresidential condominium buildings are only eligible for contents coverage. The deductibles apply separately to building and contents: Building deductible, $1,000, Contents deductible, $1,000.

To qualify for replacement cost claim settlement, a single-family dwelling must be the insured ‘s primary residence and be insured to the maximum amount of insurance available under the program or no less than 80% of the replacement cost at the time of loss. Please refer to the policy or manual for further explanation and requirements.

Our Melbourne Home Insurance Agency is centrally located in Brevard County, enabling us to locally serve Viera, Cocoa Beach and Palm Bay.

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