Neptune offers flood insurance in nearly all 50 states, excluding Alaska, Arkansas, Idaho, Illinois, Kentucky, Louisiana, Montana, North Dakota, South Dakota, Utah, Vermont, and Wyoming.Ĭredible Operations, Inc. Where is Neptune flood insurance available? If you think you could be at risk of any of these events, you may want to consider flood insurance, even if that risk is minimal. Heavy rain that results in water pooling in low elevation areas.The collapse of water-related structures - seawalls, dams, levees, etc.Storm-related flooding from the river, coastal waters, and lakes.Remember, all the following all represent flood events: It’s important to know that over 20% of all flood claims come from homes located in low-to-moderate risk areas. You can check the flood risk of your address very quickly using my online risk assessment tool. Sadly, only 1 in 6 people flooded by Hurricane Harvey had flood insurance. The average flood claim in America is almost $50,000. Should you consider flood insurance? Most people think it will never happen to them (and most are right), though when catastrophe strikes, it can be devastating. With Neptune, you can include replacement cost on your house contents to ensure you get back a full couch to replace the one that went surfing in the floodwaters. For example, if your couch is seven years old, you are only getting half a couch back. They also don’t require an expensive elevation certificate (often costing you around $400 – $1000).Īdditionally, NFIP only offers actual cash value on your home contents, so you would only get reimbursed for the used value of your personal belongings. Let’s compare Neptune to the prominent government alternative, the National Flood Insurance Program (NFIP):Īs you can see, Neptune offers more coverage than the industry-leading flood insurer, NFIP. Where is Neptune flood insurance available?.Here’s everything you need to know about Neptune flood insurance: They have a slick interface and provide a customizable quote with only 12 questions. Neptune has entered the insurance market with a brand new product for homeowners - flood insurance. NMLS # 1681276, is referred to here as "Credible." Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. Our goal is to give you the tools and confidence you need to improve your finances.
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