The average cost of a flood insurance policy through the National Flood Insurance Program (NFIP) is $707 per year. The cost of your policy, however, will depend on how much coverage you need, as well as how close to water you live.
Michigan Department of Insurance and Financial Services 877-999-6442 www.. Flood Insurance Program (NFIP).. your need, and cost for flood insurance.
Use our personal property calculator to add up the cost of your belongings: furniture, clothing, electronics, jewelry, etc.. Keep your head above water with GEICO's flood insurance, backed by the. What do all of these insurance terms mean?
Also note that according to Floodsmart.gov, â€œnearly 25% of flood insurance claims come from moderate-to-low risk areas,â€ and â€œthe average flood insurance
The reason flood insurance costs you the same is that it's a national program backed by the federal government (via the National Flood Insurance Program).