Houston Flood Insurance Frequently Asked Questions

Memorial Insurance Agency serves Houston, TX with quality insurance services. We want all Houston residents to fully understand what is and is not covered in their current insurance policy, so they are never unpleasantly surprised or left without coverage after a natural disaster. Floods can occur practically anywhere in Texas, and many people do not realize their homeowner’s insurance may leave them in need. 

Flood Insurance FAQs in Texas:

  • Am I required to purchase flood insurance if I live in an official Flood Zone? The state of Texas and the Federal Government have no legal requirements for purchasing flood insurance, even if you live in a high-risk area. However, you will have policies available to you if you do. On the other hand, most mortgage companies will not offer loans for people to buy in high-risk zones unless they have flood coverage to protect their assets as they pay down their loans. 
  • Is flood insurance covered by my home or commercial insurance policy? No, homeowner’s and business insurance does not cover flood events. But adding flood insurance is simple, and the prices are fair for the amount of coverage. 
  • Who is eligible to purchase flood insurance? Anyone can buy quality private flood insurance to protect them. Those who live in designated zones can also buy National Flood Insurance from the U.S. Government. New areas flood all the time, so even if you are not in a designated zone, you may find the need for flood insurance at some point. 

Call us at Memorial Insurance Agency if you have any more questions or are ready to purchase flood insurance for your home or business. We want to see you fully protected and are ready to help those in Houston, TX, every day of the year.