Renters Insurance SC
SC Flood InsuranceIf you live in South Carolina The National Flood Iinsurance Program provides coverage for damage to structures and contents from flooding, flood-related erosion, and flood-caused mudslides not covered under most property policies. A National Flood Insurance Flood policy can protect your home or business.
  • Floods are the most common natural disaster in the U.S.
  • Between 20 and 25% of floods are outside High Risk Zones
  • Flood Insurance is affordable
  • Most property policies do not include flood damage coverage.
  • SC Flood Insurance Coverage is available for commercial buildings and contents and can also be purchased by renters

    SC Flood Insurance Coverage Limits - Up to $250,000 for single family and other residential buildings. * Up to $500,000 for non-residential buildings, including small businesses * Up to $100,000 for residential building contents and $500,000 for contents for businesses.
Flood Insurance Disaster Assistance
  • YOU are in control. Flood insurance claims are paid even if a disaster is not declared by the President
  • Between 20 and 25 percent of all claims paid by the National Flood Insurance Program are outside the Special Flood Hazard Areas T
  • here is no payback requirement Flood insurance policies are continuous, and are not non-renewed or cancelled for repeat losses.
  • Flood Insurance reimburses you for all covered losses up to $250,000 for homeowners and $500,000 for businesses
  • The average cost of a $100,000 flood policy is $370 annually.
  • Most forms of Federal Disaster Assistance require a Presidential declaration.
  • Federal disaster assistance declarations are awarded in less than 50% of flooding incidents.
  • The most typical form of disaster assistance is a loan that must be repaid with interest.
  • The duration of a Small Business Administration (SBA) disaster home loan is approximately 20 years.
  • The average loan payment on an SBA disaster loan is $104 a month or $1,250 annually.
  • Repayment on a $50,000 SBA disaster loan is $311 a month or $3,730 annually.
For a free no obligation SC Flood quote, click here!