Administered by INX Insurance Services, LLC, a pioneer in using technology to deliver consumer solutions, FloodPrice.com is a flood insurance agency created to address a need in the flood insurance marketplace. Simply put, we aim to provide you with a convenient and affordable alternative to NFIP flood insurance with our 100% online private flood insurance process. Tailor-made to fit your needs, choose the coverage that's right for you.
Making Flood Insurance Affordable and Uncomplicated.
The Problem: Unfair and incomplete policies
For years, consumers have been steered to purchase national flood insurance services through the National Flood Insurance Program, commonly known as the NFIP. In fact, many consumers still do not know they can buy non NFIP flood insurance from private flood insurance companies.
Unfortunately, that lack of competition has let NFIP rates and coverage options go largely unchecked, resulting in unfair premiums and gaps in insurance coverage — leaving homeowners to suffer.
The Solution: Accessible and affordable private flood insurance
We provide you with:
Better coverage options
Superior customer service
Looking for residential flood insurance, commercial flood insurance or excess flood insurance? We’ve got you covered! Our quoting process is fast, simple and designed to help you obtain the coverage you need! Complete a flood insurance application and get a quote in about the time it takes to brush your teeth.
How We Save You Money
True Risk Analysis with Advanced Mapping Technology
We can offer you broader coverage than the NFIP at a low cost. The NFIP often uses outdated flood maps and generalized historical, data to calculate premiums, making government policies often unnecessarily expensive.
Elevation Certificates are Not Required for Our Flood Insurance
You may have heard that you must have an elevation certificate to purchase flood insurance if you are living in a high-risk flood zone, or looking for an NFIP policy. These can run anywhere from $600 to $2,000. Our technology allows us to evaluate and price most properties within minutes, and eliminates the need for property owners to wait days for an engineer or surveyor to visit a home to create an expensive elevation certificate.
You Only Pay for the Risks Attached to Your Property
We don't subsidize rates. That means you're not paying more for your policy to offset the costs of other people’s riskier properties.
The NFIP offers subsidies to approximately 20 percent of its policyholders. While this would be reasonable if NFIP subsidies were used to support low-income households, they are not. Nearly 80 percent of households that receive NFIP subsidies – paid for by NFIP policyholders and taxpayers – live in counties that rank among the wealthiest in the United States. In other words, If you aren't lucky enough to be on the receiving end of these subsidies, you are likely being overcharged to benefit those that are.
Flood Insurance Is All We Do!
We eat, sleep and breath flood insurance. We won't try to upsell you other products like auto insurance, nor will we skimp on the research or coverage. We will provide the best possible flood insurance for you and your property. We have the relationships, knowledge and expertise to find you comprehensive coverage and superior customer service at a low price.