Last Updated: Sunday, January 31, 2016

5 quick tips before purchasing Flood Insurance in Missouri

Are you going to purchase flood insurance policies in Missouri? Are you searching the information regarding eligibility, cost, insurance companies and others. Then you have landed to the right place. Below are five tips before purchasing flood insurance policies in Missouri as prescribed by Federal Emergency Management Agency (FEMA).

Am I eligible for National Flood Insurance Program?

Are you Missouri homeowners, renters or business owners? If so you are eligible to purchase National Flood Insurance Program (NFIP) policies. Most importantantly, you can even purchase flood insurance policies if you aren't located in a flood plain or high-risk zone.

Does my community participate in National Flood Insurance Program?

The first step is to know whether your community participates in NFIP in order to purchase an insurance policy. Missouri communities in the program are listed here.

How much it cost to purchase flood insurance policies in Missouri?

The flood insurance costs vary depending on how much insurance is purchased, what is covered and the property's level of flood risk. Those in moderate- to low-risk areas can purchase a special Preferred Risk Policy (PRP) that provides building and contents coverage for one low-price. Typically, there's a 30-day waiting period from date of purchase before your policy goes into effect.

How can I find authorized insurance agents or agencies in Missouri?

More than 70 private insurance agents or agencies in Missouri are certified to sell and service National Flood Insurance Program policies. The insurance companies are listed below.
  • Allstate Insurance Company
  • American Commerce Insurance Company
  • American Family Mutual Insurance Company
  • American National Property and Casualty Company
  • American Strategic Insurance Corporation
  • American Summit Insurance Company
  • Assurant, DBA: American Bankers Insurance Company of Florida 
  • Auto-Owners Insurance Company
  • Century-National Insurance Company
  • Cornerstone National Insurance Company
  • Farmers Insurance Group/DBA Fire Insurance Exchange
  • First American Property & Casualty Insurance Company
  • Hartford Fire Insurance Company
  • Hartford Underwriters Insurance Company
  • Holyoke Mutual Insurance Company
  • Imperial Fire & Casualty Insurance Company
  • Liberty Mutual Fire Insurance Company
  • Metropolitan Property & Casualty Insurance Company
  • National Interstate Insurance Company
  • National Lloyds Insurance Company
  • Nationwide Mutual Fire Insurance Company
  • New Hampshire Insurance Company
  • NGM Insurance Company
  • Philadelphia Indemnity Insurance Company
  • Privilege Underwriters Reciprocal Exchange
  • QBE Insurance Corporation
  • Rockford Mutual Insurance Company
  • Rural Community Insurance Company
  • Selective Insurance Company of America
  • Service Insurance Company
  • State Auto Property and Casualty Insurance Company
  • USAA General Indemnity Company
  • Westfield Insurance Company 
  • Wright National Flood Insurance Company
You can get the full list here

What if I am not located in flood risk zone?

According to FEMA, over 20-percent of all flood insurance claims come from areas outside of mapped high-risk flood zones. Now choice is yours!

Are you prepared for the next natural disaster in your area? Natural disasters can strike anywhere, without warning, anytime – Be Prepared.