Flood Insurance in Michigan
You don’t have to live on a lake or river to be at risk of flooding in Michigan. In fact, around 30% of all flood claims come from low to moderate-risk areas. Standard homeowners insurance does not cover flood damage—but federal flood insurance does. That includes damage from mudflow, dirt, and debris caused by moving water.
Is Flood Insurance Required in Michigan?
If your home is located in a Special Flood Hazard Area (SFHA) and you have a mortgage, federal law requires you to carry flood insurance. Lenders are required to enforce this for the full life of the loan.
The good news? Flood insurance is more affordable than most people think. While the average flood loss tops $25,000, a flood insurance policy typically costs around $300 per year. That’s a small price to pay for peace of mind—and Melton McFadden can help you find the right policy fast.
Michigan Flood Insurance Facts
Coverage is based on the value of your home, not your land.
Residential buildings can be insured for up to $250,000, and personal contents can be covered up to $100,000.
All policies are backed by the U.S. government, and all valid claims are 100% guaranteed.
30-day waiting period applies before your coverage kicks in—so don’t wait until a storm is on the radar.
Who Can Get Flood Insurance?
Flood insurance is available through the National Flood Insurance Program (NFIP), managed by FEMA. If your community participates in the NFIP, you’re eligible—whether you’re a homeowner, renter, or business owner.
At Melton McFadden, we work with local clients to make sure they get the right flood coverage to protect both their property and belongings.
What Does Flood Insurance Cover?
Building Coverage
- Foundation
- Electrical and plumbing systems
- Furnaces, water heaters, and sump pumps
- Permanently installed appliances (stoves, dishwashers, refrigerators, washers/dryers)
- Carpeting, cabinets, bookcases, paneling, blinds, and detached garages
- Solar energy systems and fuel tanks
Contents Coverage
- Furniture, clothing, and electronics
- Portable appliances (window A/C units, microwaves, portable dishwashers)
- Curtains and rugs not included in building coverage
- Valuables such as original artwork (up to $2,500)
What’s Not Covered by Flood Insurance?
Like most insurance, there are exclusions. Flood insurance does not cover:
- Personal belongings stored in basements or crawl spaces
- Paper documents, precious metals, or cash
- Vehicles and outdoor property (like pools, fences, and landscaping)
- Temporary housing or relocation expenses
- Mold or moisture damage that could have been prevented
Protect Your Home and Finances
Floods can happen anywhere—and when they do, the damage can be devastating. With a Michigan flood insurance policy from Melton McFadden, you can recover faster and avoid the financial burden of repair and replacement costs.
We work with top insurance carriers to find competitive rates and solid coverage that fits your situation.
Contact us today for a free quote and get the protection your property deserves—before the next flood warning hits.