Flood Insurance Recommendations

[Jackie Sherrell]

Hi, does anyone have recommendations for flood insurance in Florida? I am currently closing on a place in Pensacola and am comparing quotes. My current best is about $850/yr (through USAA portal). If anyone has better recommendations that would be great! TYIA!

[John Mocker]

Jackie,

Flood Insurance is now rated based on the actual location. Both the national flood Insurance program through FEMA and the private market flood insurance providers rate based on the location. Without the location and the limits its impossible to say how competitive the rates are. Generally I recommend working with an independent Agent that can access many of the private market carriers. I have found them to be the most completive option in our area. The problem is that, the carrier that is best for one property may not be the best for the next one. If you can't find an agent that will shop the Flood coverage PM me and I will see if I can get you recommendations.

[Cameron Moore]

Just make sure you give an insurance broker a chance. They typically have 4-5 flood options that they can compare as opposed to you calling 4 Captive insurance companies (Captive being USAA, STATE FARM, FARMERS, etc.) 

[Joel Case]

The advice given previously is great, but I usually contact a few insurance brokers and see who has the best rates any time I am up for a renewal/new policy. 

[Matt Jones]

I agree that talking to an insurance broker is the way to go.  For the Pensacola area I really like Cynthia with Dax Gill Insurance in Gulf Breeze and Karen with Underwood Anderson in Pensacola.