Flood Insurance Estimate Needed? Neptune Can Help


5 min read · Mar 30, 2022

Flooding can cause a lot of damage to your home and belongings. If you live in an area prone to flooding, it is essential to have flood insurance. Neptune Flood can help you get a flood insurance estimate to ensure that your property is protected. Neptune offers a variety of policies to choose from, so you can find the one that best suits your needs.

5 Factors Considered When Preparing a Flood Insurance Estimate

The following are key factors that insurance companies use to get an estimate of your property worth of compensation:

1. Location of Your Property

If your home or business is located in a high-risk flood zone, expect a higher flood insurance estimate than a property not located in a flood-prone area. Insurance companies use FEMA’s Flood Insurance Rate Maps (FIRMs) to determine the risk of your property flooding. Thus, the exact location of your property can offer hints to the expected insurance cost.

2. Age and Size of Your Property

A newer and larger property will cost less to insure than an older, smaller one. This is because a newer home has more advanced features such as appliances, flooring, walls, etc, that can withstand getting severe damage from floods. Besides, it would take longer to repair or replace old items when compared to those of new homes.

3. Type of Construction of Your Home

The construction of your home will also affect the cost. Homes constructed with stone, or concrete materials are typically less expensive to insure than those made with wood frame construction. This is because homes with a sturdy exterior are less likely to suffer damage from flooding when compared to homes with weaker exteriors.

4. The Estimated Value of Your Belongings

Neptune Flood also considers the estimated value of your belongings when preparing the quote. The more valuable your possessions are, the higher your flood insurance premium.

5. The Base Flood Elevation (BFE)

The BFE is the elevation that has a one percent chance of being exceeded in any given year. This is the level used by FEMA to determine flood risk for properties. Neptune will use this information, in addition to other factors, when preparing a flood insurance estimate for your property.

Who Needs a Flood Insurance Estimate?

Everyone can benefit from a flood insurance estimate. There is no home located in an area of zero risk. Some are more protected and less at risk of flooding sure, but no one is 100% safe. If you live in a flood-prone area, it’s wise to obtain a quote to select one that best fits your budget and coverages to insure your property before storm season begins.

Areas with high flooding risks include places likely to be affected by storms, hurricanes, heavy rainfall, prolonged snowfall, and coastal storm surge. Nevertheless, if you are unsure whether your property is at risk for flooding, it is best to get a free consultation with Neptune Flood.

Why You Need a Flood Insurance Quote

The following are eight reasons you need a flood insurance estimate for your property:

1. Establish the Risk of Flooding to Your Property

One of the main reasons to get a pricing estimate is to establish the risk of flooding to your property. This information can help you determine if you need flood insurance and how much coverage you should get. Neptune offers its clients the best and most affordable policies in the market and can be your number one flood insurance choice.

2. Determine the Value of Your Home

Most people are unaware of the monetary value of their properties. When disaster strikes, they cannot file the correct insurance claim in such a case. A Neptune Flood agent can help you determine the value of your property and possessions so that you can get the right level of coverage.

3. Understand Your Policy

Your estimated flood insurance cost can help you choose the right policy. Neptune offers a variety of policies to choose from, and each has its benefits. Understanding what is covered in your policy can help you make the right decision for you and your family.

4. Get the Right Amount of Coverage

Another reason is to ensure that you have the right amount of coverage. Many people underestimate the value of their property and possessions, leading to being underinsured. Neptune Flood will help you determine the right amount of coverage for your needs.

5. Make Informed Decision

Flood insurance quotes by Neptune are free and can go a long way to help you make sound decisions to protect your property. You should never wait until a disaster strikes to get insurance to seek an estimate, which you will get, but early preparation can help you effectively prepare for a disaster.

6. Survive the Ongoing Land Developments Risks

If you live in an area with ongoing land developments, your risk of flooding may increase. These developments can change the way water flows and increase the chances of flooding. Getting a flood insurance estimate can help you determine if you need coverage and how much you need.

7. Minimize Chances of Getting Expensive Federal Disaster Assistance

If a disaster does strike and your property is flooded, the chances of you getting expensive federal disaster assistance are high. Unfortunately, federal disaster assistance is treated as loans and can be costly to repay in the long run.

8. Fully Protect Your Property

An accurate insurance estimate can help you choose the right cover for your property. Neptune’s property coverage limit is $4,000,000, which is much higher than the NFIP’s $250,000 limit. This will give you extra protection in case of a disaster without have to acquire excess insurance. Additionally, you can get the maximum possible compensation for all your valuables that can help you get back on your feet as soon as possible after a flood catastrophe.

When to Get a Flood Insurance Estimate

The best time to get an estimate is before you experience a flood. This way, you can ensure that you have the right amount of coverage and are prepared for the worst.

If you live in an area prone to flooding, or if your property is located in a FEMA designated high-risk flood zone, you should get an insurance quote as soon as possible. Neptune Flood can help you determine your risk of flooding and provide you with a policy that will protect your home and possessions.

Don’t wait until it’s too late. A Neptune Flood estimate can help you be prepared for the worst. Early preparation can help you stay financially afloat when disaster strikes, and Neptune is more than ready to help you recover your losses quickly.

How to Get a Flood Insurance Estimate

The process of getting an estimate is simple. In two minutes or less, Neptune will provide you with a quote for a policy based on the coverages you select. You can bind that policy in real-time or save your quote to bind at a future time. Quotes are typically valid for 60 days.


Getting a flood insurance estimate is the best way to ensure that you have the right amount of coverage for your needs. Neptune Flood offers its clients the ability to get an accurate and comprehensive estimate at any time. Besides, Neptune is a reputable and trusted insurance company that can provide you with the best possible service. Contact Neptune Flood today to get your flood insurance estimate!