INSURANCE CARRIER

NFIP Flood Insurance

Federal flood insurance from FEMA for Georgia homes and businesses. Required in FEMA high-risk flood zones (Special Flood Hazard Areas) and worth considering anywhere flooding can reach.

Free Coverage Review

RATINGS & OVERVIEW

How This Carrier Rates

Financial strength

Backed by the US federal government (Treasury). As a federal program, the NFIP is not assigned a private financial strength rating.

Customer satisfaction (personal)

Not separately rated (federal program)

Customer satisfaction (commercial)

Complaint score

Not separately rated (federal program)

The National Flood Insurance Program (NFIP) is the federal flood program run by FEMA. It is the primary source of flood coverage for most US homes and many businesses, because standard home and commercial property policies exclude flood. Olive Cover places NFIP coverage through Selective, a Write-Your-Own carrier.

WHY CHOOSE THEM

What This Carrier Does Well

Strength 01

Widely available federal coverage for homes and businesses in participating communities, including high-risk and moderate-risk flood zones.

Strength 02

Backed by the federal government, so coverage stays dependable regardless of any single insurer's finances.

Strength 03

Often available for properties that the private flood market will not write.

LIMITATIONS TO KNOW

Where They Fall Short

Consideration 01

Limits are capped at $250,000 building and $100,000 contents for a home, and $500,000 each for commercial property; higher values need private excess flood layered on top.

Consideration 02

A new policy usually takes about 30 days to take effect, so it cannot be added once a storm is already in the forecast.

Consideration 03

Does not pay for loss of use, has only limited basement coverage, and excludes property outside the building such as decks, landscaping, and pools.

Best Fit For

Homeowners and businesses in FEMA high-risk flood zones, and anyone who wants dependable flood coverage where private flood is limited or unavailable.

Not A Good Fit For

High-value properties that need limits above the NFIP caps without layering private excess flood, or owners who want coverage for loss of use and outside structures.

APPETITE & COVERAGE

What They Write

Coverage Types

Residential flood, commercial flood (building and contents)

Best Pricing For

Properties in FEMA high-risk flood zones, where the NFIP is often the most accessible flood market. Private flood can price better for some moderate- and low-risk properties.

Admitted Status

Federal program administered by FEMA. Coverage is backed by the US Treasury.

CLAIMS & PRICING

What to Expect

Claims Experience

NFIP flood claims follow FEMA's standardized claims process. When the policy is placed through Selective, Selective's flood adjuster network handles the claim.

Pricing Context

NFIP rates are set federally and are uniform across carriers under Risk Rating 2.0, which prices each property by its specific flood risk rather than just its zone. Private flood can undercut the NFIP for lower-risk properties.

vs Competitors

The NFIP is the federal baseline for flood. Private flood markets can offer higher limits, broader terms, and sometimes lower rates for lower-risk properties, while the NFIP remains the dependable option, especially in high-risk zones.

File a Claim

Call to report a claim:

Phone unavailable

STATE AVAILABILITY

Where They Write

States Available

All 50 states (federal program)

Personal Lines States

All 50 states

Commercial Lines States