Private flood insurance companies
Private Market Flood Insurance & Cobra (CBRA) Flood Insurance
Licensed to operate in VA, NC, SC, GA, FL, AL, MS, LA, DE, and TX
National Flood Insurance Program (NFIP) Nationwide
Family Owned & Operated Since 1982
Hours of Operation:
Monday-Friday 8:30a – 5:00p
Local: 910.329.4443 / 910.327.3388
Primary URL: www.QuoteSFI.com
Quick Contact: Click here
Flood Insurance Offerings:
Federal: National Flood Insurance Program (NFIP)
Private: Private Market Flood Insurance / COBRA Flood
“Do what’s right! Do your best! Treat others how you want to be treated!”
At SFI Group we are family and we care for your insurance needs as though you are part of ours. Whether you need private flood insurance for your home or business, you can rely on SFI Group to help you make the best decisions.
Floods are the most commonly occurring and most destructive natural disaster in the United States. Ninety percent of all natural disasters involve flooding. All 50 states have experienced floods or flash floods in the past five years (via www.naic.org ).
Why Flood Insurance?
Flood damage is not covered under standard homeowner’s insurance policies. Flood was viewed as an uninsurable risk and coverage was almost completely unavailable from private insurance markets following frequent widespread flooding along the Mississippi River in the early 1960s.
NFIP: Federal Flood
The NFIP allows property owners in participating communities to buy insurance to protect against flood losses. The NFIP is a Federal program, managed by the Federal Emergency Management Administration (FEMA). The NFIP and has three components: to provide flood insurance, to improve floodplain management and to develop maps of flood hazard zones.
You cannot buy flood insurance directly from the federal government. In order to purchase NFIP, you must use a licensed insurance agent. The federal flood program is intricate and complex. Speaking with an experienced agency that has direct knowledge of and experience in the National Flood Insurance Program (SFI Group) will help get you the best results.
COBRA Zones & OPA’s
Coastal Barrier Resource Areas (COBRA Zones) and Otherwise Protected Areas (OPA) are not eligible for NFIP insurance. “The Coastal Barrier Resources Act (CBRA) of 1982 removed the Federal government from financial involvement associated with building and development in undeveloped portions of designated coastal barriers.” (via www.FEMA.gov )
Finding affordable flood coverage is difficult for many property owners in COBRA zones. Since these areas are not eligible for NFIP coverage, insurance must be purchased through the private market at non-subsidized rates.
Private Market Flood
SFI Group is proud to provide affordable private market flood insurance, even in high risk flood zones. Our Private Flood Insurance or COBRA Flood Insurance policies are written and issued by our agents. We are licensed to provide private insurance in VA, NC, SC, GA, FL, AL, MS, LA, DE, and TX. We have over 30 years in business, but with less than two dozen employees you will get the care and attention your home or business policy needs.
Homeowner’s Flood Insurance
Do you need coastal homeowners insurance or residential flood coverage? Securing flood insurance can be a challenging task depending on where you live in the United States. Fortunately, SFI Group has been building partnerships over the course of our 30+ years in business that allow us to offer a unique set of products and coverage.
Federal Flood Insurance
SFI Group offers the full available options through the federal National Flood Insurance Program (NFIP). NFIP is administered by FEMA. The program was originally created in the 1960’s when private insurance companies stopped offering coverage after expensive flooding plagued communities along the Mississippi River. The federal program offers subsidized rates.
Private Flood Insurance
Coastal Barrier Resource Areas or “COBRA Zones” are not eligible for NFIP insurance. Additionally, there are some areas which are designated as Otherwise Protected Areas or OPA’s where federal flood insurance is not available.
For those properties located in a Coastal Barrier Resource Area, SFI Group is proud to offer our customers private flood insurance (commonly referred to as cobra (CBRA) flood insurance.) We can obtain flood insurance for you when it is not available from NFIP.
We can make this difficult process easy for you. Just call one of our experienced insurance agents at 888-324-0140 or 910-329-4443.
Commercial Flood Insurance
Protect your livelihood. Coastal businesses need to be even more aware of their protection than your average homeowner. While protecting your home is important, protecting your livelihood is imperative.
At SFI Group, we have a unique combination of being a small, family-owned business with the experience, knowledge, and expertise of a large company. SFI Group has written tens of millions of dollars of insurance policies for homeowners and businesses.
SFI Group knows that:
- Not many companies offer private flood insurance
- Even if you could get private insurance, banks or lenders may not approve insurance outside of the federal program
- In 2011 there was a study done that showed private insurers would need to charge 2 to 3 times what the government was charging
- The NFIP prices have gone up
Dependable Private Flood Insurance & NFIP
SFI Group is here to handle your concerns. The bottomline is that as a business owner you have more important things to do than endless hours of research on flood insurance programs. Call the experts. SFI Group has handled insurance for over three decades. We know what we’re doing and we know how to help you. Call one of our experienced insurance agents at 888-324-0140 or 910-329-4443 in order to get help today.
The claims process is our time to shine. The SFI Group staff has filed hundreds of claims and takes pride in providing the best possible service in this part of the insurance process.
SFI Group makes it easy to file a claim. You can submit your claim online with the simple form or you can call toll free. SFI Group will work diligently to make sure every claim gets settled in the proper way, for the right amount.
Get Your Free Quote Today
Call us at (910) 329-4443 or (888) 324-0140
Get a fast & easy insurance quote. Our professionals can help you with your flood coverage. Whether you need a quote for your home or business, contact us now and get started.
Getting a quote is fast and easy. Our interactive forms are a *snap* to complete. They give us all the information we need to get you the quote on your home or business that you need.
Insurance Coverage We Offer
Need more than just flood? We’ve got you covered.
SFI Group – Our Story
SFI Group, Inc. is an independent insurance agency with a long history of protecting our insureds. Since we are located in a coastal area, we have spent countless hours searching the markets for the best insurance packages for coastal homeowners. Whether you are a full-timer or a part-timer, we can make sure you have the insurance you need for your home on the coast. As an independent agency, we are not bound by contractual obligations to submit all quotes to one market to satisfy your insurance needs. We have alliances with many different markets to write coastal homeowners insurance for you. Whether you own your vacation home in your personal name or in an LLC, we have insurance companies ready to write a homeowners insurance policy instead of a bare bones dwelling policy. Our staff is extremely knowledgeable, dependable, and here to help!
Contact us today for more information and a free, no obligation quote!
Hours of Operation:
Monday-Friday 8:30a – 5:00p