As a result, all companies will use these same rates to determine your cost for flood insurance coverage. (thehartford.com)
Under the first, the optional system, insurers extend their standard policy to include supplemental coverage for flood damage on payment of additional premium. (iii.org)
While tornadoes can be accompanied by heavy rain, it's important to understand that homeowners insurance policies generally do not provide coverage for flood damage. (allstate.com)