Flood Insurance for Clients Throughout Staten Island, NY

Water is great in your backyard swimming pool and at the waterpark, but when it’s in your home or business, it can really ruin some of your most valuable possessions. There’s a good chance you might need to consider flood insurance for your home, even if you’re not living by a coast or river. And, if you live in a Special Flood Hazard Area, your mortgage company may require that you have a flood insurance policy. Even if your mortgage company doesn’t require a flood policy, you could still be at risk. Just a few inches of heavy rain, melting snow, or coastal storms can cause thousands of dollars in damage.

DMAS Insurance offers expertise in both personal and commercial flood insurance policies! Don’t let severe weather conditions worry you. With our flood insurance policies, you can trust that your beloved possessions are protected with coverage that most homeowner or rental insurance policies won’t even provide.

Location of the Property – One of the most significant factors affecting floor insurance costs is the location of your property. Homes situated in high-risk flood zones, typically have higher premiums compared to those in low to moderate-risk areas. Proximity to bodies of water such as rivers, lakes, or coastal areas can also increase your insurance costs.

Type and Design of the Building – The structural design and building materials of your home can impact flood insurance costs. For example, homes with basements or those built on slabs are typically more susceptible to flood damage compared to homes elevated on pilings or stilts. The age of the building and the type of foundation also play roles in determining premiums.



Coverage Amount and Deductibles – The amount of coverage you choose and the deductibles you select directly affect your flood insurance costs. Higher coverage limits will lead to higher premiums, while higher deductibles can lower your premium costs but increase your out-of-pocket expenses in the event of a claim.

Claims History – Your claims history can also impact your flood insurance costs. Properties with multiple flood insurance claims may see increased premiums. Insurers consider the frequency and severity of past claims when determining rates.

Flood Mitigation Measures – Implementing flood mitigation measures can reduce your insurance costs. Actions such as installing flood vents, elevating utilities, and using water-resistant building materials can lower the risk of flood damage and potentially decrease your premiums.

Policy Type and Insurer – The type of flood insurance policy you choose and the insurer you select can also affect your costs. Private insurers may offer different rates and coverage options compared to those provided by the National Flood Insurance Program.

Let the professional and experienced insurance agents from DMAS Insurance find a quality flood insurance policy that fits the needs of your home or business. While you might not live near a body of water, you don’t want to wait until it’s too late to figure out that you actually need flood insurance.

Visit or call us today to discuss your coverage requirements.