Telcom Insurance Group offers flood insurance through St. Paul Travelers Insurance Company. St. Paul Travelers is a participant in the federal government’s National Flood Insurance Program (NFIP). Flood insurance can be provided in all 50 states for your commercial buildings and business property.

More than 19,000 communities across the United States and its territories participate in the NFIP by adopting and enforcing floodplain management ordinances to reduce future flood damage. In exchange, the NFIP makes federally backed flood insurance available to homeowners, renters, and business owners in these communities.

Why would I need to buy flood insurance if I am in a low risk flood zone?

• Every property is in a flood zone as flash flooding from heavy rain can occur anywhere
• Six out of 10 declared disasters involve flooding
• Flooding occurs in every state and can occur at any time of the year
• Floods often accompany other natural disasters such as storms, hurricanes, early snowmelts and rising rivers.
• 25% of all flood insurance claims come from outside high-risk areas.

After a flood, disaster assistance from the federal government is only available if a federal disaster is declared, which occurs in less than half of all floods. Even if your area qualifies for assistance, it’s usually provided as a loan that must be paid back with interest. In many cases, your monthly disaster loan payment would be more expensive than your annual flood insurance premium. If you ever receive federal disaster assistance after a flood you will be required to purchase flood insurance before the next flood occurs or you won’t qualify for disaster assistance again.

How do I know if I am in a high risk flood zone?

If your building is located in a flood zone that begins with the letter A or V, you are in a high-risk area. If the flood zone begins with a B, C or X, you are in a lower-risk area.

To determine if you live in a low, medium or high risk flood zone, contact your city or county government. The Building or Planning Department should be able to assist you. Flood Insurance Rate Maps are available for public inspection. Maps can also be ordered by calling 1-800-358-9616 or by visiting www.fema.gov/fhm/.

How can I buy flood insurance?

If you would like more information about flood insurance or would like a quote, please contact the underwriting department at Telcom Insurance Group.

If your business qualifies for flood insurance, we can provide you with a flood determination and quote, usually within 24 hrs. (By federal law, a flood insurance policy doesn’t go into effect until 30 days after its purchase.)