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Flood

Have you ever heard the expression “When it rains, it pours”? Usually pertaining to an excessive amount of stress, here at Hortica, we want to make certain that when it really does pour rain, you and your home or business is covered when it floods.

There are many situations that can cause a big flood other than a rapid accumulation of rainfall, such as:

  • Overtopped levees
  • Construction of new building, parking lots and roads
  • Fast melting snow
  • Mudflows
  • Failed dams
  • Tropical storms and hurricanes

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People who own property in areas that flood frequently understand the risks. But floods can occur anywhere:



  • In the past 5 years, floods have occurred in every one of the 50 states.

  • Most standard homeowners and business insurance policies exclude flood damage

  • Properties located outside of high- risk flood areas account for nearly ¼ of all flood insurance claims and receive 1/3 of Federal Disaster Assistance for flooding

  • Most Federal Disaster Assistance is a loan that must be paid back – with interest

  • In most cases, there is a 30 day wait before flood insurance takes effect


There are three different types of flood risks by location:



  • High- Risk Areas: There is a 1 in 4 chance of flooding during a 30- year mortgage in these types of locations. Many homeowners in these areas are required by their lenders to buy flood insurance

  • Moderate- To- Low- Risk Areas: In these areas, the chance of flooding is reduced, but not completely removed. Flood insurance for these areas is not required, but highly recommended for businesses, homeowners and renters.

  • Undetermined- Risk Areas: No analysis of flood risk has been completed in these types of areas, but the risk still exists. Insurance rates reflect flood risk uncertainty.


Standard homeowners and business insurance does not cover when potential floods cause havoc. No matter where you live or base your business out of, the risk of a flood will always be there. Therefore, look no further than Hortica when searching for flood insurance. Our agents will help you asses your flood risk and if appropriate, help you obtain flood insurance.


Your cost will depend on your location:



  • High- Risk Locations: A standard rated policy is typically the only policy available. This covers the house or business building itself and with content coverage available.

  • Moderate– To– Low– Risk Locations: Eligible for Preferred Risk Policy Premiums which are the lowest available premiums a home or business owner or renter can get.


Premiums are calculated based on a number of different situations, such as:



  • The year of building construction

  • The building’s occupancy

  • Number of floors in the building

  • The building`s flood risk location

  • Level of lowest floor in relation to elevation requirement

  • Deductible chosen and the amount of contents and building coverage


A little rain never hurt anyone, but when that rain turns into a flood, washing away your home or business, it has hurt more than just the property itself, but the family who inhabits the home, the employees that work in the business and the owner or renters hard earned work. Hortica is here to step in and assist you in making the rebuilding process as easy as possible. When everything washes away, we will still be there for you, your family, and your business.