About FloodPrice
Administered by INX Insurance Services, LLC, a pioneer in using technology to deliver consumer solutions, FloodPrice.com is a flood insurance facility created to address a need in the flood insurance marketplace. Simply put, we aim to provide you with a convenient and affordable flood insurance with our 100% online private flood insurance process. We offer NFIP policies as well, we truly give you all of the options. Tailor-made to fit your needs, choose the coverage that's right for you.
Financial Stability Assured: Your Confidence, Our Priority!
Here at FloodPrice, we go the extra mile to partner with reliable and financially secure insurance carriers. We have strict criteria in place to ensure that we only work with carriers that not only meet but exceed industry standards, particularly when it comes to their financial stability. In fact, we exclusively collaborate with insurance carriers that hold an impressive rating of no less than an A- with AM Best.
AM Best is a well-known credit rating agency that evaluates the financial strength and stability of insurance companies. By sticking to this high standard, we ensure that you're in good hands with carriers that have proven reliability and financial solvency. You can trust that our commitment to partnering with insurance carriers holding a strong financial rating allows us to offer you nothing short of quality flood insurance policies that you can truly rely on.
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, and private flood is often the cheaper option with broader coverage.
Whether you need broader coverage options through private flood, or are just wanting the cheapest flood insurance you can find, whether that's NFIP or private, we're here to help! We shop the market for you, accessing multiple carriers through our private flood quote and our customer service team can compare it to the cost of an NFIP policy. The choice is truly yours with FloodPrice.
The Solution: Accessible and affordable private flood insurance
We provide you with:
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Competitive rates
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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 private flood insurance, which boasts broader coverage than the NFIP often at a lower cost. But there are times where the NFIP can save you money, and if you're not needing those coverage options, it may be the best option for you.​
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Elevation Certificates are Not Required for Our Flood Insurance
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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
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Private Flood Insurance doesn't offer 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%of its policyholders. While this would be reasonable if NFIP subsidies were used to support low-income households, they are not. Nearly 80% 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.
We offer polices through the NFIP and Private Flood Insurance and are happy to do the shopping for you.
Flood Insurance Is All We Do!
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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.
