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National Flood Insurance Provides Broad Protection for All Policyholders

Release date: 
September 12, 2017
Release Number: 
DR-4331-WV NR 021

CHARLESTON, W. Va. — Homeowners, renters and business owners throughout West Virginia who purchase flood insurance from the National Flood Insurance Program (NFIP) are protected as soon as an initial 30-day waiting period ends.

NFIP provides affordable flood insurance to homeowners, condo owners, business owners and renters. It can provide more money than a FEMA Individual Assistance grant, which tops out at $33,300.

Unlike FEMA grants, flood insurance pays off whether or not there is a Presidential disaster declaration.

Storms are not the only cause of floods. They can be caused by dams or levees breaking, by changing water flow patterns because of new development, by rapid snowmelt and other localized events.

It is not just high-risk areas that flood. In fact, more than 20 percent of all NFIP flood claims come from outside mapped high-risk areas. NFIP rates are lower where the flood risk is lower.

Residential and commercial property owners who are not located in high-risk areas should ask their insurance agents if they are eligible for a “Preferred Risk Policy”.

In 2016, the average flood policy cost about $700 a year; the average claim paid more than $31,000.

The National Flood Insurance Program also provides contents coverage, but many who purchase flood insurance fail to buy coverage for contents. Annual premiums for contents insurance in low and moderate-risk areas range from $48 to $226 for up to $100,000 in flood loss, depending on the type and amount of coverage.

Flood insurance typically is available through the same agent who provides your homeowner policy. Contact the agent for coverage options and a quote.

More information is available at and


Disaster recovery assistance is available without regard to race, color, religion, nationality, sex, age, disability, English proficiency or economic status. If you or someone you know has been discriminated against, call FEMA toll-free at 800-621-FEMA (3362). For TTY call 800-462-7585.

FEMA’s mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards. Follow us on Twitter at and the FEMA Blog at

The U.S. Small Business Administration (SBA) is the federal government’s primary source of money for the long-term rebuilding of disaster-damaged private property. SBA helps homeowners, renters, businesses of all sizes, and private non-profit organizations fund repairs or rebuilding efforts and cover the cost of replacing lost or disaster-damaged personal property. These disaster loans cover losses not fully compensated by insurance or other recoveries and do not duplicate benefits of other agencies or organizations. For more information, applicants may contact SBA’s Disaster Assistance Customer Service Center by calling (800) 659-2955, emailing, or visiting SBA’s Web site at Deaf and hard-of-hearing individuals may call (800) 877-8339.

Last Updated: 
January 3, 2018 - 11:59