That’s why we recommend flood insurance for property owners in the Lockport, New York, area whose properties could be in need of flood protection. 

There are two basic types of flood insurance.

National Flood Insurance Program

Created by Congress in 1968, NFIP is intended to protect property owners in designated locations. Your community must meet or exceed FEMA requirements to manage flood risk.

Private Flood Insurance

For areas not covered by NFIP, or if you desire a higher limit to your flood insurance, private flood insurance is also an option and is typically easier to obtain.

Not sure which insurance is right for you or how much coverage you need? No worries. We’ll meet with you to explain replacement cost value (RCV) and actual cash value (ACV), both of which are used in determining insurance reimbursement when claims are filed. And as independent agents, we can offer you personalized service to help you get the flood insurance that’s right for you.

What Does Flood Insurance Cover?

Building coverage, which includes:

• Your home or office building and its foundation
• All electrical and plumbing systems
• Furnaces, water heaters, and central air conditioning equipment
• Built-in appliances, like dishwashers, plus stoves and refrigerators
• Permanently installed carpeting over subflooring

Flood insurance also covers other building contents, such as:

• Furniture
• Clothing
• Sporting goods
• Electronics and equipment
• Inventory
• Portable/window air conditioning units
• Microwaves and portable dishwashers
• Carpeting not covered by building coverage
• Clothes washers and dryers

Call Calderone Insurance Agency at 716-589-7283 or contact us online to talk about your flood insurance requirements, whether for your home or for your business. Don’t wait until a catastrophe strikes to get the protection you need. Reach out today.