As much as I would like to avoid interfering with your hatred of insurance companies with a few facts, some of the facts are...
http://privateflood.com/"As you may know, most property insurance policies do not cover your home or business for the peril of flood. With the increasing occurrence of flood events over the past few years, this protection has never been more vital. At SFI Group, Inc, we have a full staff of insurance agents with extensive experience writing private flood insurance packages for many types of properties. We have full access to the National Flood Insurance Program (NFIP).
For those properties located in a Coastal Barrier Resource area, we have worked with companies to be able to write flood insurance on the private market. We can obtain private flood insurance for you when it is not available from NFIP. Coastal Barrier Resource or CBRA zones are not eligible for federal flood insurance. Additionally, there are some areas which are designated as "Otherwise Protected Areas" or OPA's where federal flood insurance is not available. Finally, there are some communities which do not participate in the NFIP.
At SFI Group, Inc, we can write private flood insurance for you in many cases when your property is not eligible for federal flood insurance. Click below to learn more about what SFI Group can do for you."
http://online.wsj.com/article/SB10001424052748703685404575306763924224880.html<...>
The average flood-insurance premium is about $570 a year for a $217,000 policy, according to FEMA, but it rises to $2,000 for $187,500 of coverage in areas of high storm-surge risk. (For more information, go to www.floodsmart.gov.)
People with high-end homes—generally those valued at more than $500,000—often have an easier time finding insurance, but usually must pay handsomely for it. Privilege Underwriters Reciprocal Exchange, or PURE, sells so-called high-value coverage in 14 states. ACE Ltd., Chubb Corp., Allianz SE's Fireman's Fund Insurance Co. unit and the Private Client Group at Chartis, the property-casualty unit of American International Group Inc., offer it too, though some sharply limit policies in high-risk areas, or insure only recently built or second homes.
Such firms offer special coverage not generally available elsewhere. Many carriers sell excess flood insurance above the NFIP's $250,000 limit. Some also sell personal flood policies with high loss limits like $15 million, though generally outside of high-risk zones.
<...>
And, you might note that Federal flood insurance was held up by Congress, which refused to vote on continuing the program-- do you prefer congresscritters to determine your fate?