Private Flood Insurance v/s NFIP

According to a comprehensive federal evaluation of the damage caused by storm-induced floods, Florida emerged as one of the most precarious regions along the southern coast of the U.S.

Floods are natural disasters that can cause catastrophic damage to homes and businesses. The National Flood Insurance Program (NFIP) is a federal program that was created to provide flood insurance to those who live in high-risk flood zones. However, in recent years, private flood insurance options have gained huge popularity.

In this blog, we will compare private flood insurance to the NFIP, highlighting their differences and similarities.

What is NFIP?

The NFIP was created by the U.S. Congress in 1968 to provide flood insurance to homeowners, renters, and business owners. The NFIP program is administered by the Federal Emergency Management Agency (FEMA). It is designed to cover damages caused by floods, which are not covered by most homeowners’ insurance policies.

The NFIP offers both building and contents coverage. Building coverage covers the structure of the building, including the foundation, walls, floors, and roof. Contents coverage covers personal property such as furniture, clothing, and electronics.

What is Private Flood Insurance?

Private flood insurance policies are not backed by the federal government, unlike NFIP policies. They are designed by private insurance carriers. The insurance company is entirely responsible for paying out claims and managing risks. Private flood insurance can cover a lot more than the NFIP.

They can be purchased by individuals and businesses in all areas, including high-risk flood zones.

Differences between Private Flood Insurance and NFIP:

Coverage Options:

A typical private flood insurance policy offers more extensive coverage options than the NFIP. It can cover damages caused by groundwater, sewer backup, and other types of water damage that are not covered by NFIP policies.

Private flood insurance policies can also offer higher coverage limits than the NFIP. Thus, providing better protection for homes and businesses. NFIP only covers $250,000 on homesand $100,000 on the inside contents. For Commercial properties it is capped at $500,000 for the building and $250,000 on inside content.


Private flood insurance policies can cover much more than NFIP policies,the only limitation is someone’s finances. Moreover, the cost of private flood insurance policies depends on several factors such as the location of the property, the type of coverage, and the insurance company providing the policy.

Advantages of Private Flood Insurance:

Broader Coverage Options:

Since private flood insurance operates independently from government flood coverage, insurers have the freedom to provide coverage options that may not be accessible through the NFIP.

This includes coverage for expenses related to temporary living arrangements, such as hotel accommodations and dining expenses. It also provides coverage for personal possessions stored in your basement.

Moreover, private flood insurance frequently offers elevated protection limits for your home and belongings. It may also include add-ons that can minimize your financial responsibility in the event of a flood-related loss.


Private insurance companies can customize policies to meet the specific needs of homeowners and businesses. This flexibility allows residents to get the coverage they need without paying for unnecessary benefits.

Lesser Waiting Period:

Private flood insurance comes with the advantage of a reduced waiting period, which can be up to 25 days. This can be the difference between coverage when it matters and not It means that the interval between the approval of your coverage and the commencement of your policy will be comparatively shorter. 

This feature makes it a sought-after choice among those Florida residents who require immediate coverage during the hurricane season.

Competitive Pricing:

Private flood insurance companies can offer lower premiums because they have more flexibility in underwriting and pricing policies. Since they take into account various factors, they can create policies that are tailored to each property. This results in a more accurate and cost-effective pricing.

Overall, private flood insurance offers property owners a viable alternative to the NFIP.

At Rosier Insurance, we offer reliable flood insurance in Bonita Springs, FL. It provides comprehensive coverage against flood damage, including damage caused by storm surges, flash floods, and other rising water-related incidents.

Moreover, your policy will be backed by a team of agents who are available to guide you through the claims process seamlessly.

Sign up for our flood insurance in Bonita Springs today!


How does hurricane coverage work with multiple storms?

Hurricanes are among the most devastating natural disasters globally, causing extensive damage to properties and communities. As such, it is vital to have insurance coverage that shields you from the financial fallout of a storm when a hurricane is approaching. However, what occurs when an area is hit by multiple storms simultaneously, or one storm occurs right after another? 

This article elucidates the workings of hurricane coverage when multiple storms occur, concentrating on flood and hurricane insurance in Bonita Springs.

Understanding Hurricane and Flood Insurance

Homeowners can choose to purchase two distinct insurance policies to safeguard their property against damage caused by hurricanes and floods. One policy is hurricane insurance, which offers coverage for structural damages to the home such as windows, doors, and roof damage. On the other hand, flood insurance covers damages to both personal belongings and the home caused by flooding from any source, including hurricanes.

Multiple Storms and Insurance Claims

Identifying the exact storm that caused property damage can be a daunting task when an area is struck by multiple storms. To resolve such cases, insurance adjusters conduct thorough investigations of the damages to determine the specific storm that caused the destruction. In situations where there are overlapping claims, adjusters coordinate with each other to ensure that the claims are handled and processed correctly.

It is noteworthy that some insurance policies may have separate deductibles that apply to each claim. Therefore, if your home suffers damages from two different storms, you will be required to pay two deductibles. However, many homeowners insurance policies have a calendar year deductible and therefore only one deductible would apply.

How Insurance Companies Respond to Multiple Storms

Insurance companies are prepared to handle multiple storms hitting the same area through their disaster response plans. They have specialized teams of adjusters who are always on standby to respond to claims as quickly as possible. However, during times when multiple storms occur concurrently, the volume of claims can be overwhelming, leading to processing delays.

Living in a hurricane-prone area demands a preparedness plan in case of home damage caused by a storm. Such a plan should encompass a list of emergency contacts, knowledge of evacuation routes and shelters, and keeping essential documents like insurance policies safe.

Flood Insurance and Multiple Storms

In hurricane coverage, flood insurance plays a crucial role as flooding often causes much damage during hurricanes. However, it is worth noting that flood insurance policies have a waiting period of 30 days before they take effect. Therefore, it is essential to purchase flood insurance well ahead of time, even before any predictions of an impending storm.

In case of flooding caused by multiple storms damaging your home, your flood insurance policy will provide coverage irrespective of which storm caused the damage. Nevertheless, you will have to pay a separate deductible for each claim similar to hurricane insurance.

Hurricane coverage is multifaceted, particularly when an area is hit by multiple storms. Thus, it is crucial to have comprehensive hurricane and flood insurance coverage to alleviate the financial impact of storms. If you reside in Bonita Springs, it is crucial to brace yourself for hurricane season and formulate an action plan for potential storm damage to your property.

Bonita Springs is a beautiful city in Southwest Florida, but it’s also vulnerable to hurricanes and floods. As such, homeowners in Bonita Springs need to have comprehensive hurricane and flood insurance coverage.

Rosier Insurance is committed to helping homeowners find the most appropriate flood insurance and hurricane insurance in Bonita Springs. As a team, we recognize the unique risks associated with owning a home in this beautiful city and have customized our insurance policies to cater to those specific needs.

Our agency has enabled numerous clients in Florida to find the ideal insurance policy that meets their specific requirements and financial constraints. Our agents are enthusiastic about assisting you in identifying the most suitable coverage for you and your loved ones.
Do not leave yourself vulnerable to unexpected events – choose our comprehensive hurricane insurance in Bonita Springs and safeguard your future now!


Do I Need Homeowners Insurance Coverage?

Florida is highly prone to fierce hurricanes, storms, floods etc that can cause significant damage to homes. In such a scenario, purchasing a comprehensive homeowners insurance policy becomes crucial.

Homeowners insurance is a type of insurance policy that provides coverage to homeowners for damage to their property which may occur due to certain perils such as theft, fire, leaks, and natural disasters. The homeowner’s insurance policy also provides liability coverage if someone is injured on the property.

It is typically recommended for anyone who owns a house, condominium, or townhome. Whether you are a first-time homeowner or have owned multiple properties, homeowners insurance acts as a necessary safeguard to secure your investment and protect your valuable assets.

Many residents in Florida may wonder whether homeowners insurance is necessary. Here are a few reasons why purchasing homeowners insurance is important if you live in the Sunshine State.

  1. Protect your property and personal belongings: Your home is likely one of your biggest investments. Thus, it becomes pertinent to protect it from potential damage. Homeowners insurance provides coverage for damage to the structure of your home and your personal belongings due to covered perils.
  1. Covers the cost of temporary housing: If your home becomes uninhabitable due to covered damage, homeowners insurance pays for the additional living expenses until your home is repaired or rebuilt.
  1. Provides liability coverage: If a guest or a family member gets injured on your property, homeowners insurance can provide coverage for medical expenses and legal fees. This protection is important in the event of an accidental injury or lawsuit.
  1. Required by lenders: If you have a mortgage on your home, your lender will require you to have homeowners insurance in place. This is to protect their investment in case of damage to the property or any unfortunate event.
  1. Enhances the value of the property: When a property has insurance coverage, it can reduce the risk for potential buyers, making the property more attractive and valuable. It demonstrates the sense of responsibility and proactivity of the owner.
  1. Additional coverage: If you choose a comprehensive homeowner’s insurance policy, you can get ‘loss of use’ coverage. It will pay for lost rental income if the home is rented out and cannot be occupied due to damage.
  2. Peace of mind: Homeowners insurance lets you rest easy knowing that your home and personal belongings are protected. It also gives you the security of knowing that you are covered in the event of an accident or covered peril.

In case of a covered event, insurance can pay for the repairs or replacement of your property, reducing the amount of money you have to pay out of pocket. Moreover, some insurance companies offer lower deductibles.

This reduces the amount of money you have to pay upfront in case of a covered event. Many of them also offer discounts for things like having a home security system or being a non-smoker, which can reduce your insurance premiums. Homeowners insurance can also save you a fortune by protecting you from inflation and rising costs of living.

It is important to keep in mind that while homeowners insurance is an important coverage to have, not all policies are created equal. Before purchasing a policy, it is important to understand the limits of coverage, your budget, as well as your requirements.

Additionally, it is important to review your policy periodically to ensure that it still meets your needs and to make any necessary updates to keep pace with changes in your life.

At Rosier Insurance, we will help you choose the most suitable homeowners insurance in Cape Coral, FL. 

Our team understands the unique risks that come with owning a home in this beautiful city, so we have tailored our insurance coverage to suit your specific needs. 

We’ve empowered countless clients in Florida to find the perfect insurance policy to fit their specific needs and budget. Our agents are eager to guide you to discover the best coverage for you and your loved ones.
Don’t let an unexpected event leave you vulnerable – choose our homeowners insurance in Cape Coral and secure your future today!

Also read clients testimonials.


Top 5 Factors To Consider While Buying Whole Life Insurance

Life Insurance is a vital component of one’s financial plan. Whole life insurance is a type of permanent life insurance that provides coverage for your entire lifespan, as long as the premiums are being paid.

It helps to ensure that the loved ones of a person are well-protected in case of an unfortunate death. The benefits of a Whole Life Insurance also act as a supplemental income to help meet future needs such as the costs of higher education.

It becomes especially prudent to purchase whole life insurance after a major life event such as marriage, the birth of a child, property purchase, etc.

However, before purchasing a whole life insurance policy, it is important to consider your financial goals and the standard of living you wish to maintain for your dependents.

Let’s look at some of the key factors to consider while assessing a new policy or reevaluating the old one.


    1. Your financial goals and needs: Whole life insurance is a long-term investment, and it’s important to consider what you want to achieve with the policy. Do you want to provide for your family after you pass away, or do you want to leave a legacy for future generations? Understanding your requirements will help you choose the right type of policy and coverage amount.


    1. Age, Gender, and Health: In general, the younger you are when you buy a policy, the lower your premiums will be. Also, since females tend to live longer than males, insurance companies may pay out fewer death benefits on policies sold to women.

If you have pre-existing medical conditions or a history of health issues, you may have to pay higher premiums. Moreover, smoking is a big no-no. If you list nicotine consumption, the cost will be significantly higher.


    1. Term v/s Whole Life Insurance: Whole life insurance is relatively more expensive than term life insurance. However, with the former, you are paying for lifelong coverage and building cash value over time. If you’re interested in a plan that protects you only for a certain duration, then term insurance is a better option. Whole Life Insurance is more suited when you wish to secure your family’s future for years to come.


    1. Riders and additional benefits: Whole life insurance policies can come with a range of benefits that can enhance your coverage. These can include options like accelerated death benefits, which allow you to receive a portion of your death benefit if you are diagnosed with a terminal illness. Other riders may provide coverage for accidental death or dismemberment, or waive premiums if you become disabled. You may consider the ones which are valuable to you and your family.


    1. The financial strength of the insurance company: When buying whole life insurance, due diligence should be followed. It’s important to choose a reputable insurance provider with a strong financial standing. You want to ensure that the company will be around to pay out claims and provide the coverage you need for the rest of your life.

Thus, buying whole life insurance in Florida requires careful consideration of the above factors. Comparing quotes from different providers can help you make an informed decision.

At Rosier Insurance, we understand that choosing whole life insurance is a crucial part of any Florida resident. That’s why we offer a range of coverages of whole insurance in Naples to fit your unique needs.

Whether you’re looking to leave a legacy for future generations or cover final expenses, we have the right policy for you.

We believe in building long-term relationships with our clients and providing the support they need throughout their lifetime.
Get a quote today and secure your tomorrow with our whole life insurance in Naples!


Tips to Choose the Right Motorcycle Insurance Policy

Motorcycle riding is a thrilling experience for many, and it comes with a sense of freedom that is hard to replicate. However, this excitement comes with its share of risks, and accidents can happen anytime, anywhere. To ensure that you are financially protected in case of any such eventuality, it is crucial to invest in a comprehensive motorcycle insurance policy. Choosing the right motorcycle insurance in Sanibel can be a daunting task, but with the right tips and tricks, you can make an informed decision.

Understand the Coverage Options

Motorcycle insurance policies typically offer three types of coverage options – liability, collision, and comprehensive coverage. Liability coverage protects you financially if you cause an accident and damage someone else’s property or injure them.

Collision coverage provides coverage for the repair or replacement of your motorcycle if it is damaged in an accident. Comprehensive coverage protects against damages caused due to events such as theft, fire, or natural disasters. Understanding these coverage options is essential as it will help you choose a policy that meets your specific needs.

Determine Your Coverage Needs

Before choosing a motorcycle insurance policy, it is essential to determine your coverage needs. Your coverage needs will depend on various factors such as the type of motorcycle you own, the frequency of usage, and the level of risk involved.

If you own an expensive motorcycle, it is advisable to opt for comprehensive coverage. Similarly, if you use your motorcycle frequently, you may need higher liability coverage. Determining your coverage needs will help you choose a policy that is tailored to your specific needs.

Compare Policies

One of the most important tips for choosing the right motorcycle insurance policy is to compare policies from different insurance providers. This will help you get an idea of the coverage options available and the premiums charged by different providers. You can also compare the features and benefits offered by different policies to make an informed decision. Comparing policies is crucial as it will help you find a policy that offers maximum coverage at an affordable price.

Choose the Right Insurance Provider

Choosing the right insurance provider is as important as choosing the right policy. Look for an insurance provider that has a good reputation in the market and offers excellent customer service. A reliable insurance provider will help you with the claims process and ensure that you receive the compensation you are entitled to. Choosing the right insurance provider is crucial as it can make all the difference in times of need.

Consider the Premiums

Motorcycle insurance premiums can vary widely depending on various factors such as the type of motorcycle, coverage options, and the level of risk involved. While it may be tempting to choose a policy with the lowest premium, it may not always be the best option. Low-cost policies may offer limited coverage, and you may end up paying more out of pocket in case of an accident, especially if you have a passenger without coverage for them! It is essential to strike a balance between coverage and premiums to find a policy that meets your needs and budget. Don’t hesitate to ask questions or seek the advice of a professional agent, such as those at Rosier Insurance in Sanibel. By being proactive and informed, you can ensure that you have the right coverage to protect yourself and your motorcycle in case of an accident or other unforeseen events. So, make sure to take your time, read the fine print, and choose wisely. Choose our motorcycle insurance in Sanibel today!