Flood Insurance in Illinois

Flooding is a costly and frequent disaster in the nation, and it can happen at any time and any place. Those who live in the Greater Chicagoland Illinois area near Lake Michigan or other waterways have greater chances of home floods, but these can also originate due to indoor plumbing failures. Even though it’s not legally required, owners should protect their property and belongings with flood insurance. Next Level Insurance Agency, serving the greater Hanover Park, IL region, is happy to assist.

Where to Purchase Flood Insurance

Flood insurance coverage can be bought through licensed agents who offer it. The National Flood Insurance Program (NFIP) is run by the Federal Emergency Management Agency (FEMA) and is a federally managed program that provides the most flood insurance in the United States.

Before deciding to invest in an agency-specific policy, we often suggest that owners see if they are eligible for NFIP coverage, which offers preferred risk policies—even for those that don’t reside in a floodplain. Some communities are not eligible for the program, which is when getting a private insurance policy makes sense. Private coverage can offer higher amounts of coverage.

Important Facts About Flood Insurance

• Flood insurance can cover both losses from damage to the property and its contents after an event.
• Flood insurance is typically not included in a renters' insurance policy and must be bought as a separate policy.
• These policies may offer higher payout amounts and broader coverage than NFIP does.
• Flood insurance can be obtained directly through the NFIP (we can connect you with their information), or you can get it through a licensed insurer or agent.
• Flood policies typically go into effect 30 days after purchase.

Be Prepared for the Unexpected with Flood Insurance

If you’re interested in obtaining or learning more about flood insurance in Illinois, contact Next Level Insurance Agency or stop by our Hanover Park, IL office to speak with one of our team members. We’ll happily give you a quote and answer all of your questions.