Rockport Texas Flood Insurance

Nicknamed “The Texas Riviera,” Rockport, Texas is a gorgeous little city nestled along the Aransas Bay. Residents and tourists alike enjoy the picturesque scenery of the waterfront and the tropical nature of the climate.

Similar to many other cities located near large bodies of water, portions of Rockport are considered Special Flood Hazard Areas (SFHAs) by the Federal Emergency Management Agency (FEMA). These areas have a 1-in-4 chance of flooding at least once during a 30 year period (length of a typical home mortgage). Businesses and homes located within these areas are required to be covered by flood insurance policies to protect property owners against the astronomically high costs of flood-related damage.

Many property owners are initially unaware of this fact, but it is critically important that they be made aware of and understand that most standard homeowners or business insurance policies do not cover flood related damage. Unfortunately, this information is often not discovered until after a destructive flood has occurred. With this in mind, the best course of action is to review flood insurance options now, purchase a policy, and be prepared if a flood were to occur.

The first option for flood insurance in Rockport, TX is to obtain a policy through the National Flood Insurance Program (NFIP). This is a government-backed program, and policies can be obtained through local, regional, and national insurers. Policy premiums are based in which “zone” a property is located, though premiums can be adjusted through subsidies and flood mitigation efforts made by the property owner. The policy is not immediately activated after application, as a flood elevation certificate must be turned in first, after which a thirty day waiting period is enacted. Activation takes place only after this thirty day period.

A second option is a newer option for homeowners and business owners in Rockport. The privately underwritten National Catastrophe Flood Insurance Program (NCIP) is available in a limited number of states at this time, and is touted as having higher coverage limits and more comprehensive coverage. Policy activation is still not immediate with the NCIP, but the waiting period is only fifteen days.

The initial selection process may seem a bit overwhelming to an individual considering flood insurance for the first time, but this important decision can be made easily with a few simple steps. First and foremost, finding a trustworthy insurance agent will make decision making much simpler. These individuals are trained to sit down with property owners and determine the type of policy needed to ensure that all buildings, contents, etc. will be covered in the event of a flood. Secondly, agents can lay out all of the policy and premium options, ensuring that the property owner can make the choice that is best for them.

Thoughts about natural disasters affecting Rockport, Texas are probably not often entertained. However, careful consideration should be made at least once in order that the proper steps are taken to ensure that a person’s livelihood or home is not left at risk to the high costs of flood damage. Contact us now for more information about the Rockport Texas flood insurance.

All information is general in nature and is intended to provide guidance only. It is up to you to request specific coverage options, the agency and agent do not bear this responsibility. Always read the policy if there is a questions about coverage or a claim. If any information herein should conflict with your actual policy’s specific language, the policy language will be controlling.

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