Flood Insurance

Water is a life-giving source, but sometimes Mother Nature delivers it in far too great a supply—something that, as longtime Miami-area residents, we know a little bit about. What some do not realize is that a natural disaster like a flood is excluded from the standard homeowners insurance policy in most cases—even one designed to cover high-value residences.

Additionally, basic flood insurance policy limits are capped at $250,000 for the insured property, plus $100,000 for the home’s contents. While these amounts may be sufficient for many homeowners, they are woefully inadequate for our high net worth clients whose luxury estates are often valued in the seven- to nine-figure range. Fortunately, the professionals at iSure Insurance Brokers can offer our high net worth clients a product that protects at the stepped-up level you need through our leading insurers that offer excess flood insurance coverage. This coverage is designed substantially increase the limits of coverage for both the structure and its contents.

Understanding your risk of flood

Not all floods result from overflowing lakes or rivers. They can also result from occurrences such as torrential, incessant rain that overwhelms drainage systems and sewer backups. How likely they will occur depends on where exactly you live—that is, what flood zone your home is located in. Some zones are at greater risk than others, although it’s true that floods can happen almost anywhere. Your iSure advisor will evaluate your residence to determine where you stand. We can secure a private excess flood policy to protect your:

• Structure and foundation
• Central HVAC
• Water heaters and other large appliances
• Flooring and walls
• Blinds and window coverings
• Built-in bookcases and cabinets
• Detached garages and other outbuildings
• Fine art, furs, or other items of high value
• Furniture

We can shelter you from the storm

Whether it is your permanent residence or a vacation getaway, your high-value Miami-area home and its contents represent a substantial investment that deserves the utmost protection.