Flood insurance is protection for specific flood events for your home or business. Louisiana consumers can purchase flood insurance through the National Flood Insurance Program (NFIP), private insurers and surplus lines insurers. Flood insurance is most often required in high-risk area by consumers who have a mortgage through a federally regulated or insured lender. Consumers in moderate or low risk areas should still consider purchasing flood insurance and may be eligible for a reduced rate. A standard-rated policy offers separate building and contents coverage.
Since flood damage is not covered under homeowners policies, purchasing a separate flood insurance policy can help homeowners and commercial interests protect their homes and businesses. Although the LDI can answer basic questions about flood insurance, the Department does not regulate the National Flood Insurance Program (NFIP), approve its rates or changes or have any authority over the program. However, the LDI does monitor how these changes impact policyholders in the state. For more information on flood insurance, please visit the NFIP’s website or call 1-800-427-2419.
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