Indiana Flood Insurance

Find the right flood insurance policy for you.

Written by Steve Dahl
Written by Steve Dahl

Steve is a financial services expert who has dedicated himself to the insurance industry for the last 5+ years. Steve is a key contributor to


Residents in the state of Indiana experience problems with flooding every year. Occasionally, the flooding is major and causes millions of dollars’ worth of damage. For example, the East and West Fork White Rivers, the Flat Rock River and many of their smaller tributaries overflowed and caused widespread flooding after nearly a foot of rain fell on already saturated ground in a few hours. In the end, 82 of Indiana’s 92 counties were declared disaster areas. 

Homeowners insurance policies do not provide coverage for flood damage; only a flood insurance policy through the NFIP can protect your investment when floodwaters rise. An independent insurance agent in our network can help you review flood zone information for your area and get an Indiana flood insurance policy. Find a local member agent in your area today.

  • The state has had a major disaster declaration due to flooding 13 times since 2002
  • 37% of IN counties were granted eligibility for government aid after floods in recent years
  • Federal assistance for IN  totaled more than $78.5 million in recent years

Flood damage in a home can be extremely expensive. If the flooding is contained to a basement, it can result in structural damage to your home. As a result, you may have to replace appliances such as your furnace, hot water heater, washer and dryer. If the flooding affects above-ground floors, walls, flooring and personal belongings will need to be replaced. FEMA estimates that two inches of flood water in a 1,000 square foot home would cause about $10,000 in damages.

Nearly every homeowners insurance policy has exclusions for damages caused by flooding. If your home sustains flood damage, you will need to cover the costs of repairing and replacing damaged property unless you have an Indiana flood insurance policy in place. Some people believe that federal assistance will cover these costs, but this assistance comes in the form of low-interest loans that must be repaid.


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Hoosiers Experience Flood Damage Every Year

  • Indiana residents file an average of about 700 flood claims each year
  • The average flood insurance claim is $30,000

The National Flood Insurance Program (NFIP) is backed by the federal government. The program began in the 1960s and since then has provided an alternative to the low-interest loans FEMA offers as temporary aid. The monthly price of a policy is usually lower that payments on a loan, and securing this coverage is a good way for homeowners and renters to safeguard their investments.


Save on Flood Insurance

Our independent agents shop around to find you the best coverage.

Indiana Flood Insurance Facts

  • There are currently about 32,500 active flood insurance policies in Indiana
  • Of those, about 22,000 are for homes in high-risk areas
  • Fewer than 2% of Indiana’s households are covered by flood insurance
  • Nearly one-third of all flood claims are paid out to homeowners who live outside of high-risk flood zones

If you live in a high-risk flood zone, flood insurance may be required by your state. Regardless, your mortgage lender may also flood insurance. Unfortunately, despite the low cost of coverage, many people who live outside of high-risk areas do not carry flood insurance for their homes. Some may be unaware of the availability of this coverage while others may assume that it is included in their homeowners or renters insurance policy. Contact an agent to review Indiana flood insurance quotes; you may be surprised by how affordable this coverage is.

What Does Flood Insurance Cover?

Flood insurance provides two types of coverage – one for the structure of the home itself and the other for contents. You can opt to purchase only one type of coverage, though insurance professionals will typically encourage you to buy both to avoid major out-of-pocket expenses. Building coverage pays for damage to the building and its foundation, electrical and plumbing systems, furnaces and air conditioning units, built-in appliances, and permanently installed carpeting over unfinished floors. Contents coverage typically pays for loss or damage to clothing and other personal items, furniture, curtains, electronics, window air-conditioners and portable appliances.

How Can You Find the Best Flood Insurance Policy?

Getting an Indiana flood insurance policy for your home is easy with the help of an independent agent. Your agent can help ensure that you have enough coverage and provide answers to your questions about local flood hazards. Your local agent can present several competitive Indiana flood insurance quotes for you to compare. Agents are available to assist you with all of your insurance needs and will even advocate for you during the claims process. 

Contact an agent today to get more information and receive free Indiana flood insurance quotes.

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