Flood Insurance in
Texas

Flood insurance provides coverage for damages caused by flooding, which includes heavy rainfall, river overflow, storm surges from hurricanes, and flash floods. The National Flood Insurance Program (NFIP), managed by FEMA, offers the most common type of flood insurance. It provides two types of coverage: building property coverage and contents coverage.

1. Building Property Coverage – This covers the structure of your home or business, including walls, floors, and foundation. It also covers the electrical and plumbing systems, HVAC systems, and built-in appliances.

2. Contents Coverage – This provides protection for personal property inside the building, such as furniture, clothing, electronics, and other valuables.

While flood insurance offers critical protection, it's important to understand that policies have limits. For example, the NFIP has a maximum limit of $250,000 for building property and $100,000 for contents coverage. However, additional flood coverage can be purchased to supplement this if necessary.

A crucial factor to consider when purchasing flood insurance is the 30-day waiting period. According to FEMA regulations, flood insurance policies typically take 30 days to go into effect after the purchase date. This waiting period is a safeguard to prevent individuals from purchasing flood insurance only when they anticipate a flood. Therefore, it is important to plan ahead and secure your flood insurance coverage well before any weather threats arise.

Waiting until the last minute to purchase flood insurance can leave you exposed and financially vulnerable if a flood occurs. It's wise to act proactively to ensure you're adequately covered in case a flood occurs in your area, particularly during storm season.

While certain areas in Texas are designated as high-risk flood zones by FEMA, floods can occur anywhere. In fact, nearly 20% of flood claims come from properties outside high-risk flood areas. Texas is prone to a wide range of flood risks, including flash floods, river floods, and coastal flooding due to hurricanes and tropical storms. Even if you’re not in a designated flood zone, it’s important to consider flood insurance as part of your comprehensive property protection plan.

Moreover, in many cases, mortgage lenders may require flood insurance for homes located in high-risk flood zones, but it’s a good idea to have flood insurance regardless of whether or not your lender mandates it.

At TWFG Luarca Insurance, we are committed to providing affordable and reliable flood insurance coverage for homeowners and business owners in Texas. Our team works closely with top-rated insurance carriers to offer comprehensive flood insurance options through FEMA’s National Flood Insurance Program and private insurers. We understand the unique needs of Texas residents and the specific flood risks they face.

By partnering with us, you gain access to expert advice, tailored coverage options, and competitive rates that fit your budget. We will guide you through the process of selecting the right flood insurance for your property, ensuring that you have the protection you need when the unexpected happens.

Don’t wait until it’s too late to secure flood insurance coverage for your property. At TWFG Luarca Insurance, we make it easy for you to get started. Call our office today to speak with an experienced agent or use our convenient online quote tool to explore flood insurance options and get a free quote. Protect your home and business from the financial devastation of flooding—trust TWFG Luarca Insurance to keep you covered.

Backed by the federal government, the NFIP is one of the most widely known flood insurance options. These policies are often ideal for homeowners in moderate-risk zones or properties meeting the program's eligibility guidelines.

The NFIP offers two core coverages:

• Dwelling Coverage – Up to $250,000 to repair or rebuild the physical structure of your home

• Personal Property Coverage – Up to $100,000 to replace belongings such as furniture, electronics, and clothing

While NFIP coverage is standardized and widely accepted by mortgage lenders, it has limitations. It may not cover all types of water damage, certain outbuildings, or additional living expenses. Still, it's a foundational layer of protection for many Louisiana residents.

For those seeking broader coverage, private flood insurance offers a flexible and often more expansive alternative to NFIP. These policies are especially valuable for properties in Special Flood Hazard Areas (SFHAs) or those whose home values exceed NFIP limits.

Advantages of private flood insurance include:

• Higher coverage limits – Suitable for high-value homes and businesses

• Broader property protection – May consist of coverage for basements, pools, garages, or fences

• Shorter waiting periods – Some private insurers offer reduced waiting times for new policies

• Additional living expenses – Reimburses hotel costs and meals if you're temporarily displaced

TWFG Luarca Insurance helps you weigh both options and select the right one based on your home's location, flood zone classification, and overall risk tolerance.

A combination of factors determines your flood insurance premium, many of which reflect your property's flood risk profile. Understanding these factors can help you make informed choices and reduce your premiums.

1. Type of Coverage

A dwelling-only policy (structure only) will typically cost less than one that includes contents coverage (your belongings). Choosing between these depends on your property's value and your risk exposure.

2. Property Elevation and Location

Homes built at or above base flood elevation (BFE) typically receive lower premiums. Properties located in low-lying areas, near bodies of water, or within FEMA-designated SFHAs often come with higher rates due to increased risk.

3. Mitigation Features

Certain upgrades can help reduce your flood insurance premium, such as:

• Elevating your home above BFE

• Installing flood vents or sump pumps

• Using water-resistant materials for flooring and walls

• Raising HVAC systems, electrical panels, and other equipment above ground level

4. Insurance Carrier

Prices vary between flood insurance companies in Louisiana, especially in the private market. That's why it's critical to compare quotes, which TWFG Luarca does for you at no cost.