In 2021, the cost of Cape Cod Flood Insurance will largely depend on what “flood zone” you’re in. Cape cod flood insurance rates are often determined by how much of it is expected to be underwater in a hundred-year flood.
How much is flood insurance on Cape Cod MA?
The 2021 average cost on the Cape is $1190 a year, but there is a way to lower your Massachusetts annual flood insurance policy premium.
The expert flood insurance agents at Premier shield have partnered with the top flood insurance company for Private Market flood insurance on Cape Cod.
Cape Cod High-Value Flood Insurance
If you’re a high net worth insurance customer and you’re home is worth more than $250,000 up to $2,000,00 we can help find you much better flood insurance coverage to protect your home from flooding.
Cape Cod High-Value Flood Insurance through Neptune
Neptune provides higher flood and building limits of coverage, up to $2,000,000 for your home and $500,000 for contents, compared to a meager $250,000 for homes and $100,000 in coverage for contents with the “National Flood Insurance Program”.
One thing we love about Neptune flood insurance for our customers is that there’s a shorter waiting period.
The flood insurance policy waiting period is only a “10-day waiting period” when compared to the “30-day waiting period” under the NFIP. For a loan transaction, there’s no waiting period.
Your standard home insurance policy does not include flood coverage that’s why you need to make sure you have a flood insurance agent and specialist at Premier Shield Insurance help you find a better flood insurance premium.
Property on Cape Cod is known for being expensive to insure for both home and flood insurance coverage. Premier Shield Insurance provides cheap and affordable flood insurance rates, prices, and coverage options for residents of Cape Cod.