Think you’re safe from flood damage just because you don’t live on the coast? Think again. Many North Carolina homeowners face flooding risks they don’t even realize—especially during hurricane season. From inland flash floods to storm surge near the coast, the threat is real. Yet, most standard homeowners policies don’t cover flood damage. That’s why knowing the facts about flood insurance is essential.
Why Flooding Is a Real Threat in Both Coastal and Inland NC
Flooding is the most common and costly natural disaster in the U.S., and North Carolina is no exception. Whether you’re in a coastal zone like Wilmington or more inland in areas like High Point, floods can happen anywhere. In fact, one inch of water can cause over $25,000 in damage. So, how can you protect your home?
What Flood Insurance Covers That Homeowners Policies Don’t
Flood insurance fills the gap that your standard home insurance leaves. The National Flood Insurance Program (NFIP) offers federally backed flood insurance policies that cover both the structure of your home and its contents. This protection is crucial for anyone living in flood-prone areas—including those not officially in high-risk zones.
Think You Don’t Need Flood Insurance? Think Again
Still not sure if you need flood insurance? Here’s what to consider:
● Standard homeowners insurance doesn’t cover flooding. If your home is damaged by rising water, you could be left paying thousands out of pocket.
● Flooding risks aren’t limited to the coast. Inland areas are at risk from heavy rainfall, backed-up storm drains, and flash floods.
● NFIP policies offer peace of mind. With separate coverage for your building and belongings, you’ll have the resources to recover faster after a disaster.
Top 15 Flood Insurance Tips for North Carolina Homeowners
1. Know What Your Homeowners Policy Doesn’t Cover
Standard homeowners insurance does not cover flood damage. You need a separate flood insurance policy to be fully protected.
2. Understand Flood Risk Is Not Just Coastal
Flooding happens across North Carolina—not just near the ocean. Heavy rain, rivers, and flash floods can impact inland areas like High Point, too.
3. Get Flood Insurance Even If You’re Not in a High-Risk Zone
More than 20% of flood claims come from moderate-to-low-risk areas. Don’t assume you’re safe just because you’re not in a floodplain.
4. Purchase Through the NFIP or Private Carriers
Flood insurance is available through the National Flood Insurance Program (NFIP) or private insurers. Compare options to find the best fit.
5. There’s a 30-Day Waiting Period for NFIP Policies
Flood coverage doesn’t kick in immediately. Most NFIP policies have a 30-day wait, so don’t delay your purchase.
6. Cover Your Structure and Contents Separately
Flood insurance typically includes two types: building coverage and contents coverage. You’ll need both to protect your home and belongings.
7. Review Your Policy Annually
Update your flood insurance yearly—especially after home renovations, changes in flood zone mapping, or rising property values.
8. Know Your Deductibles
Choose deductibles that you can afford. Higher deductibles usually lower your premium but increase your out-of-pocket costs after a claim.
9. Protect Important Belongings in Basements or Lower Levels
Most flood insurance policies don’t fully cover items in basements. Move valuables to higher floors during flood season.
10. Understand Flood Maps and Zones
Check FEMA flood maps to see if your home is in a Special Flood Hazard Area (SFHA) and if mortgage lenders require coverage.
11. Ask About Additional Living Expenses
Some private flood insurance policies may cover temporary housing costs if your home becomes uninhabitable—NFIP typically does not.
12. Bundle with Home or Auto Insurance
Working with a local insurance agency like Mark Thompson Insurance can help you bundle and save, while ensuring complete coverage.
13. Don’t Rely Solely on Federal Disaster Aid
Federal assistance is not guaranteed and often comes in the form of loans—not grants. Flood insurance gives more reliable support.
14. Document Your Home and Belongings Before a Flood
Take photos or videos of your property before hurricane season starts. It can speed up the claims process.
15. Work with a Local Expert
A local agent who understands flooding risks in North Carolina—like Mark Thompson Insurance in High Point—can guide you through options and help you choose the best protection for your budget and location.
Want to be fully protected? A local insurance expert can help you determine if flood insurance through the NFIP—or a private plan—is right for your property.
Secure Coverage Before the Storm Hits
Don’t wait until a storm is on the radar to get covered. At Mark Thompson Insurance, we help North Carolina homeowners understand their risks and get the right coverage. Whether you’re on the coast or in High Point, NC, we’ll make sure your home and valuables are protected.
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Mark Thompson Insurance offers FREE coverage review, just call us at (336) 882-1400.
We are located in High Point, NC, and serve all of North Carolina