Capital Insurance Group: Flood Insurance Options for Southeast Michigan Residents

Flooding is the number-one natural disaster in the U.S., wreaking havoc on communities, businesses and residences. But time and again after a storm, we hear of countless individuals and families who are without flood insurance to help get them back on their feet after water damage has left homes uninhabitable or severely damaged. At Capital Insurance Group, we can’t stress enough the need for flood insurance for residents in Southeast Michigan – even for those who don’t live in what’s considered a high-risk area. Floods and flash floods can occur anywhere, and just an inch of water can cause damage to your property. Most importantly, your homeowners insurance will not provide coverage.

Purchasing Flood Coverage

The insurance professionals at Capital can obtain flood insurance on your behalf through the National Flood Insurance Program (NFIP), in addition through alternative markets, which in many cases may be better suited for the areas we serve where flooding is prevalent. A flood policy under the NFIP will cover direct physical damage to the insured property from floodwater up to $250,000. Typically coverage for the contents of a home is not included but enhancements are available up to $100,000.

Depending on your needs and the value of your home, you may require broader coverage than available from the government’s program, which we can secure through our competitive markets. If you have a high-value home, excess flood insurance may be required to substantially increase the limits of coverage for both the structure and its contents. Excess flood policies can also provide money for additional living expenses while your property is restored.

We also have markets that write coastal and non-coastal homes in flood zones, secondary homes, rental homes, and condominium units.

Capital will provide you with information to help you in the event of a flood, including safety tips and what to do before, during and after a flood. As a valued customer, our goal is to keep you and your family safe in addition to being properly insured.

We’re your trusted partner.

Our 35-year history of providing superior services and professionalism has established us as a leading agency in Southeast Michigan. Our “Crain’s Detroit Business” listing of “top agencies” is testimony to our commitment to you. We also give back to the communities we serve, contributing 1% of our revenue to a number of local charities. Capital Insurance Group has the experience, expertise and passion to help protect you against the exposures you face individually and professionally. We provide a broad portfolio of personal, business, and employee benefits solutions and would like the opportunity to show you how we can make difference in the way you see insurance. Give us a call at (248) 333-2500 to discuss your specific needs.