Flood Insurance

Get your free flood insurance quote from Bancorp Insurance. For great coverage at competitive rates, visit us online or call 541-536-1726.

Oregon Flood Insurance

You might think that because you’ve never experienced a flood, you won’t.

But you could. If it rains, it can flood.

Did you know that even just a few inches of flooding can cause major damages and necessitate major repairs in your home? Two inches of flooding in a 2,000 square foot home can result in upwards of $21,000 in total losses.

Bancorp Insurance, in affiliation with the National Flood Insurance Program (NFIP), provides Oregon residents with the protection they need when flooding occurs.

Why Should I Purchase Flood Insurance?

There are a lot of myths floating around about flood coverage. We’re here to debunk them for you.

Myth: My homeowners insurance will cover damages caused by flooding.

This is false. Most policies do not offer a flood provision. Only a Flood policy purchased through the NFIP will protect your home and belongings from flood damage. It will also provide coverage for tsunamis.

Myth: I live in an area of low risk, I don’t need Flood Insurance.

Between 20 and 25 percent of all flood claims come from outside areas of high risk.

Myth: Coverage is expensive.

While premiums are calculated according to risk, the average flood policy costs less than $570 a year.

What Is Covered?

Oregon Flood Insurance covers up to $250,000 in property damage to a home and up to $100,000 for contents, although excess insurance can be purchased through private insurance companies like Bancorp Insurance.

Policies are calculated based on the following factors:

  • Age of home
  • Number of stories
  • Number of occupants
  • Flood risk
  • Location of contents
  • Your chosen deductible and coverage for buildings and contents

For more information on Oregon Flood Insurance and protecting your home from flooding, contact the agents at Bancorp Insurance today. We’re here to help you.

Free Flood Insurance Quote

Call Steve Today at 800-452-6826 To Get Your Flood Insurance Quote Today!

“Steve has gone over and above to get us a good deal on our insurance for renters and auto. Thank you so much, Steve.” — Susan Wales, Yoncalla, OR.