Flood Insurance

Let's Talk

Comprehensive flood coverage for peace of mind

Flooding can occur suddenly and without warning, resulting from flash floods, river overflows, severe weather conditions, or storm surges. Everyone is at risk for flood damage, regardless of geography or location. Given the increasing prevalence and risk of flooding, homeowners should take a fresh look at their flood risks and consider how flood insurance can be incorporated into their overall risk management and insurance strategy.

What is flood insurance?

Flood insurance policies are offered by the National Flood Insurance Program (NFIP) and Private Flood Insurance carriers, and can be tailored to cover your home, other structures, and contents.

Coverage limits and premiums are determined based on various factors, including the property's location, elevation, flood zone designation, and type of flood insurance policy. Understanding the nuances of flood insurance is essential for homeowners to ensure adequate protection against the potential devastation of flooding.

What is covered by flood insurance?

Flood insurance policies includes building coverage and contents coverage. It is important to note that there are different types of flood policies and not all policies offer the same coverages or limits. Your specific needs should be discussed with your insurance broker to ensure proper flood coverage and adequate limits are in place.

  • Building Coverage: Protects the structure of your home, such as walls, floors, foundation, electrical and plumbing systems, furnaces and water heaters, built-in appliances (refrigerators, ovens, stoves, dishwashers), permanent carpeting, window blinds, detached garages, attached fixtures like cabinets, fuel tanks, well water tanks and pumps, and solar energy equipment.

  • Contents and Valuables Coverage: Covers personal belongings such as furniture, electronics, and high-value items like art and jewelry. Contents and valuables coverage options and limits differ widely between private flood insurance policies and National Flood Insurance Policies.

What is excess flood insurance?

Excess flood insurance policies cover over – in excess of – primary flood insurance policies ensuring extra protection in the event of a flood. Layering coverage involves combining a primary policy such as a NFIP policy or private flood policy, with an excess flood policy. Excess policies can extend over NFIP policies or over private flood insurance policies. For high-value homes, excess flood insurance can be a wise option to consider as it offers higher limits than primary flood insurance, especially if covering over an NFIP flood policy.

Insure your home and property against flooding

The safety and security of your family and home are of utmost importance—not solely for the physical structure but for the invaluable memories it contains. It is crucial not to leave these matters to chance. Connect with the professionals at Risk Strategies to secure the necessary protection against the unpredictable risks associated with flooding. Our team of experts is ready to assist you in understanding your options and selecting the appropriate coverage. Get the protection you need to face the future with confidence and peace of mind.

Submit a Flood Insurance Inquiry Form

Additional resources:

Practice Leadership

Alison Murphy

National Private Client Services Practice Leader

Alison Murphy

Alison Murphy

National Private Client Services Practice Leader

Alison joined Risk Strategies in 2021, developing and leading the overall national growth strategy for Private Client Services. She focuses on enhancing the client experience for our high net worth clients and delivering tailored solutions that better serve their unique insurance and risk management needs.

With over 25 years of experience in the property & casualty insurance industry, Alison has spent the majority of her career in the high net worth segment. Prior to joining Risk Strategies, she worked for the PURE Group of Insurance Companies where she held various leadership positions including Eastern Zone Executive. Previously, she held various roles focused on business development and underwriting for AIG and The Chubb Corporation.

Alison holds a Bachelor of Arts in English Literature from Franklin & Marshall College and is a graduate of Boston’s Future Leaders Program. She is actively engaged in her community through several organizations including the Greater Boston Chamber of Commerce, Insurance Industry Charitable Foundation, Women’s Lunch Place and the Dana-Farber Cancer Institute’s Falmouth Road Race.
Tim deRosa
Chief Operating Officer, Personal Lines
Tim deRosa

Tim deRosa

Chief Operating Officer, Personal Lines

Tim joined Risk Strategies in 2022 as the Chief Operating Officer for the Private Client Practice to help develop and implement the strategic vison for the practice and to manage day-to-day practice operations and technologies. His responsibilities include driving operational efficiencies across all offices and regions, enhancing the client experience through the use of technology, standardizing and optimizing workflows and helping to oversee the management of the Private Client Practices' largest carrier relationships.

In addition to his practice leadership role, Tim is also a personal risk advisor and works directly with successful families across the county. He assesses client needs, identifies future risks, and develops customized, comprehensive personal insurance solutions that align with their risk management priorities.

With nearly 25 years of experience in the insurance industry, Tim brings a wide range of experience having spent dedicated time on the retail, wholesale, and carrier sides of the business. He founded and sold Platinum Partners, a successful wholesale business focused exclusively on the private client segment. He also served as Executive Vice President of Orchid Underwriters, a private equity backed specialty MGA which he joined after selling his firm. In addition, Tim spent nearly a decade at Chubb Personal Risk Services where he held several executive level positions in both underwriting and marketing, including leading the New England Region.

Tim earned a Bachelor of Arts degree in Political Science from Drew University. He is a member of PRMA (Private Risk Management Association), a longtime member of the Boston Estate Planning Council, and a former member of the Family Office Exchange.

Lesa Blaser
Private Client Services Leader - Central Region
J.C. Fulse
Private Client Services Leader - Atlantic Region
Charlie Graham
Private Client Services Leader - New England Region
Nick Licursi
Private Client Services Leader - New York Region

Partner With Us

Let's Talk