If you're a property owner, you're part of the percentage living the American dream. That dream comes with a lot of responsibility and proper protection. Most people aren't aware that their Mississippi homeowners insurance doesn't automatically come with flood coverage.

Fortunately, a Mississippi independent insurance agent has access to multiple markets that are FEMA-approved. They'll do the shopping for you for free, making it easy. Connect with a local expert for custom quotes in minutes.

What Is Flood Insurance?

No matter where you live, flooding is a possibility. All properties will need some form of protection against floods. Take a look at how insurance can help:

• Flood insurance: This type of property insurance covers a structure for losses due to a flood. This is caused by snow melting, storm surges, heavy rainfall, storm drainage system failures, and even levee dam system failures.

How Much Does Mississippi Flood Insurance Cost?

The cost of Mississippi flood insurance can vary from location to location. Carriers look at numerous risk factors when calculating your premiums:

• The location of your property
• The flood zone of your property
• Whether the property is residential or commercial
• Your insurance score
• Your loss history
• Prior coverage history

US states with the highest number of flood insurance claims 

You won't always be required to carry flood insurance. However, it's necessary for every property because the risk is ever-present.

What Does Flood Insurance Cover in Mississippi?

Most property owners think their home and business policies come standard with flood insurance. The truth is, they don't, and a separate flood insurance policy is required. Check out what your Mississippi flood policy will cover:

• Electrical and plumbing systems
• Furnaces and water heaters
• Appliances 
• Flooring
• Detached garages
• Personal belongings

Most expensive flood disasters in the US in recent years by National Flood Insurance Program (NFIP) payouts

Some of the most destructive natural disasters were caused by flooding. While you may not be in a high-risk flood zone, you'll still want protection for the possibility.  

What Doesn't Flood Insurance Cover in Mississippi?

Flood insurance covers a particular risk, and what's classified as a flood could be confusing. First, understanding the definition of a flood is essential:

• What is considered a flood: A flood is an excess of water on land that is usually dry. This typically is classified as affecting two or more acres of land or two or more properties. 

Every policy comes with exclusions, and flood insurance is no different. Some claims that would not fall under flood coverage are water/sewer backups, burst pipes, waterline malfunctions, and roof leaks.

How Much Flood Insurance Do I Need in Mississippi?

FEMA sets the maximum flood insurance limits based on the property type and flood zone. Consult with your adviser to find out what's necessary for your property. They are as follows:

• Flood insurance for your home: Flood carriers usually offer $250,000 for the building and $100,000 for the building contents.
• Flood insurance for your business: Flood carriers usually allow $500,000 for the building and $500,000 for the building contents.
• Flood insurance as a renter: Flood carriers typically offer $100,000 for contents-only coverage. 

How an Independent Insurance Agent Can Help in Mississippi

Flood insurance can be a tricky thing when you're not a licensed professional. Unless you are required to obtain a flood policy, it may seem unnecessary to you, but it isn't. Instead of leaving it up to chance, consider getting some help.   

A Mississippi independent insurance agent has access to multiple carriers at once so that you have options. They'll even do the shopping for free at no additional cost. Get connected with a local expert on TrustedChoice.com for custom quotes in minutes.