• Kent Shepard

Flood Insurance Do You Really Need It?

Many businesses and homeowners go without flood insurance. They figure the odds are low that anything will happen. Some people may think that a flood is covered under their current policy. Let us correct you; unless you have added the coverage, it is excluded. We agree that the probability is low, none the less, it does exist. Some mortgage companies may even require flood insurance, depending on where your home is located.


Myths about flood insurance:

  • It is expensive. Costs generally run around $500-$600 per year, depending on location and home value.

  • Flood insurance is for people who live by rivers. 1-4 flood claims come from homes not in flood plans.

  • Water damage is water damage. While most policies cover water damage from rain, it excludes coverage from flooding or rising waters.

If your home is in a flood zone, the National Flood Insurance Program (NFIP) offers coverage and we can help you secure affordable coverage.


Insurance is all about understanding risks, and not every homeowner is equally at risk for flood losses. Your risks depend on how close you live to rivers, streams, lakes or flood zones, or how well your home was built to withstand losses.

The last thing we want is for you to be knee deep in water without the proper insurance. We recommend you consider the options, contact us today.


Our trusted insurance professionals are here to help you with every step of the insurance process and can design a personal or commercial insurance policy to fit your needs. One of the insurance professionals will work closely with you to ensure that you receive individualized attention you deserve.


Shepard Insurance Agency understands that your property is a very important part of your life. In fact, the single biggest investment you may ever make is your home. Are you sure you have adequately protected your home and other properties?

We offer property insurance products to customers in McAllen, TX, the entire Rio Grande Valley and the great State of Texas.

Call us at (956) 686-3888 or start a Free Rate Quote.


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