![]() I ask you to consider the facts: 20 percent of all flooding events across our nation come in areas that are considered low risk. Some real estate and insurance agents may even say you don’t need it. Sadly, many homeowners decide to forgo purchasing coverage because they believe they are safe from flooding. ![]() If your home or business is in a flood zone, that is considered a flood-risk area. However, many of us only think about it when a big storm looms, or we have heard on the news that there is flooding forecasted or happening too close to our home. We believe most homeowners think about Flood insurance in New Jersey at some point, maybe before buying a home or during the closing process. Do I need flood insurance in New Jersey? It is important to have flood insurance coverage in New Jersey because our beloved state has seen a fair share of flooding, and there is likely more coming. Yet, don’t be too surprised if the answer is NO. However, you should ask your homeowners agent if you can add an endorsement to your homeowner’s policy to cover flooding. In most cases, the only way to get flood coverage is by purchasing a stand-alone flood insurance policy. Does my New Jersey homeowner insurance cover flooding? A typical New Jersey homeowners’ policy is written through Farmers, State Farm, Allstate, and Progressive, for instance, excludes flooding as something that will be covered under their homeowner’s policy.
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