Residential Flood Insurance

Palomar’s flood insurance offerings are easier to obtain and offer broader coverage than policies backed by the National Flood Insurance Program (NFIP).  Palomar can quote any flood zone and does not require an elevation certificate, waiting period or, in many cases, an up-front payment to secure coverage. 

Palomar provides industry-leading flood insurance policies tailored to fit an insured’s specific needs.

Do I need flood insurance?

The simple answer: everyone should consider flood insurance. Some homeowners are required by their mortgage lender to purchase flood coverage in high-risk areas. However, areas that are not deemed high-risk are just as susceptible to flooding. 99% of all US counties have been affected by a flooding event and from 2014 to 2018 over 40% of NFIP flood claims were filed in non-mandatory flood zones. With the NFIP’s average claim payout of $52,000, flood insurance can be the difference between recovery and financial collapse.

Does homeowners insurance cover flood damage?

Standard homeowners policies, dwelling fire policies, and renters policies typically do not include flood coverage for severe types of water damage.

What does flood insurance cover?

Palomar flood insurance can cover damage to your home, other structures, personal belongings, additional living expenses and loss of rents if your home is inhabitable during repair. Palomar offers limits up to $5 million for maximum protection against flood damage.

How much does flood insurance cost?

The cost of flood insurance varies based on factors such as home value, location, age, construction type, number of stories, and foundation type. A licensed insurance agent can provide you with a cost estimate and quote for flood insurance. Get started by filling out the form on this page.

What should I look for when evaluating flood insurance companies?

As mentioned, Homeowners Insurance policies do not typically cover damage caused by floods. Flood insurance can be purchased on a standalone basis from a company that specializes in this type of coverage. Palomar is a leading national provider of flood insurance to both residential and commercial clients.

How Does Palomar Sell Its Flood insurance? Does Palomar Work With Agents?

To ensure the best possible customer experience, Palomar works exclusively with agents across the country to sell its products. If you are interested in becoming an agent please click here. If you are interested in purchasing a policy please fill out the form on this page and we will connect you with an agent.

Product Details

Available in Arizona, Arkansas, California, Colorado, Connecticut, Georgia, Hawaii, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Michigan, Mississippi, Missouri, Nevada, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin

Product Overview

  • An alternative to the National Flood Insurance Program
  • No waiting period
  • No elevation certificate required
  • Primary and excess coverage options available
  • Payment plan options available

Guidelines & Eligibility

  • All flood zones eligible for quoting
  • No occupancy clause
  • Restriction on homes that have had a prior flood loss in the last 10 years or any flood loss more than $150,000
  • Restriction on mobile or manufactured homes
  • Restriction on homes located in, on, over water, or seaward of mean high tide

Coverage & Limits

  • Dwelling limit up to $5 million
  • Personal property limit up to $1 million
  • Loss of use limit up to $50,000
  • Fixed deductible as low as $500

* Not all counties in Texas are eligible. Please fill out the form on this page to get started and determine eligibility.

Connect With An Agent

Learn more about Palomar’s residential insurance products. We will be in touch shortly.

Customer Interest

Become an Agent

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers through agents across the nation.

Palomar Flood Insurance Benefits Sheet

View or print product features of Palomar flood, a private homeowner’s companion policy for flood damage.

Why Flood Insurance?

Curious why flood insurance is so important? View or print the important facts to ensure your home is properly protected.

California Megaflood

Experts recently determined that the likelihood of a devastating megaflood in California is significantly higher than previously expected, and suggested that it could be the most costly natural disaster in history.

Who is Affected By Flooding?

Flooding is the costliest type of natural disaster in the United States and many locations are at risk. Because homeowner’s insurance usually does not cover damage from flooding, millions face the possibility of directly being affected.