Illinois Flood Insurance: What You Should Know

You have probably been wondering if you need Illinois flood insurance. Luckily, the answer is yes! Flooding in Illinois has caused a lot of damage and left many people without homes or livelihoods. It’s not just about protecting your home from water damage; it’s also about protecting your family from the emotional toll of being flooded out. If you are looking to get some more information on how to purchase Illinois flood insurance, then this article will help!

Does my Illinois homeowner insurance cover flooding?

A typical Illinois homeowners’ policy is written through Farmers, State Farm, Allstate, and Progressive. This excludes flooding as something that will be covered under their homeowner’s policies in most cases. In order to get flood coverage you would have to buy a stand-alone insurance policy but before doing so it may be worth asking your agent if there are any endorsements available for the company they represent which could cover this area of risk on behalf of the individual being insured or not?

Do I need flood insurance in Illinois?

The more you know about flood insurance in Illinois, the better-prepared you’ll be for any flooding storms.

Flood insurance is a must-have for Illinoisans. It’s unfortunate that so many of us only think about it when we hear on the news that there are floods forecasted or happening near our homes, but now you have time to prepare if you don’t already have coverage!

Your home or business is in a flood zone? If so, that means you are considered to be living on a low-risk ground. Many homeowners decide not to invest into coverage because they believe their property will never get flooded. Some real estate agents and insurance representatives might even say it’s unnecessary for your needs, but this could end up backfiring: walking around with no protection from risk can cost you dearly!

Your home or business may seem safe now – given the fact that it falls under “low flood risk” classification (given its distance away from major bodies of water). However many people who have had homes damaged by flooding find out too late how important purchasing some form of protection really is when disaster strikes.

Who can purchase a food insurance in Illinois?

The National Flood Insurance Program (NFIP) enables anyone who owns a property in the United States to buy insurance. If you’re an individual homeowner, business owner, or renter wishing to insure your building located within one of these participating communities then this is for you! This includes owners of buildings under construction and condominium associations looking out for their residents’ safety too – not just homeowners living on single-family lots.

Maybe you are one of those

I ask you to consider the facts: 20-percent of all flooding events across our nation come in areas that are considered low risk. After our last few major storms (Hurricane Harvey), we saw floods hit these low-risk areas, and 80% of them were not insured for water damage or flood insurance coverage.

You are lucky

One of the best things about being an American is that if you need help, we have a government to answer our call.  However, there are some rules and regulations for receiving said aid- one must be very specific in what they request from their lawmakers because not all requests will receive assistance.

You need flood insurance

We often think of floods as a disaster that only affects homes and family members.  However, in reality, the full impact extends to businesses too- especially small business owners.  The average amount of assistance government offers is $5K – which may seem like plenty for rebuilding your home if you don’t have flood coverage but what happens when it’s time pay back those loans?

Go through with the details

A recent study by Trupanion found that over half (52%)of respondents who had experienced flooding reported experiencing more than $38k worth damages not covered under their insurance policy; this means homeowners are risking everything they’ve worked hard for on an event beyond anyone’s control or preparedness!

Constant flood zone map changes

In light of the recent storm, it is important to be aware that many low-risk flood zone maps are over 40 years old. If an area has been developed with more concrete than before then there will likely not be as much land available for absorbing water from massive downpours like these in the future.

Despite the difficulty of knowing your true risk with flooding, FEMA claims that their flood maps only give an idea for part of it. Recent storms have proven that Illinois can rain anywhere and you need to consider getting coverage so when you eventually do face a natural disaster such as this one, you’re not left unprotected!

In an effort to be as up-to-date as possible, FEMA flood zone maps often take years before they go into effect. As a result of this study project taking so long you get the impression that it is more current than it really is because other factors in determining whether your property falls within the designated area could have changed.

What is the difference between food insurance and federal
disaster assistance?

You can protect your property and contents up to $250,000 thanks to flood insurance. This federal program exists 365 days a year so you never have to worry about whether or not there’s been an official presidential disaster declaration in place! Federal Disaster Assistance is only available for those who register after the event has occurred but it provides many benefits including low-interest loans that must be repaid.


There are currently over 855 counties across the country required to purchase flood insurance. FEMA’s National Flood Insurance Program (NFIP) and all federally backed lenders rely on these Illinois flood insurance maps, but bad information about an area’s risk can leave property owners under or uninsured in areas that have been falsely identified as high-risk zones.


Flood insurance is a necessity for Illinois homeowners. In the event of an unforeseen disaster, flood insurance will help cover any damages to your property and possessions due to water damage-whether it be from floods or other natural disasters such as hurricanes, earthquakes, landslides, sinkholes or wildfires. If you have never purchased flood insurance before but now realize its importance in protecting against financial loss due to flooding events (which are more common than people think), don’t wait another minute!

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