Excess Flood Insurance is additional coverage purchased on top of the National Flood Insurance Program (NFIP) policy or a private primary flood policy. It is designed for property owners whose risks or asset values exceed the standard NFIP limits.

Standard NFIP Coverage Limits
The NFIP offers maximum limits of: 

$250,000 for residential buildings
$100,000 for contents in residential properties
$500,000 for commercial buildings
$500,000 for business contents

For many homeowners and business owners—especially those with higher-value properties—these limits are insufficient. That’s where Excess Flood Insurance comes in.

What Excess Flood Insurance Covers
Excess flood policies typically:

Provide higher building coverage above NFIP’s $250,000/$500,000 limits.
Extend contents coverage for valuable personal or business property.
May cover additional living expenses (ALE) or business interruption, which the NFIP policy does not cover.
Offer broader terms, depending on the carrier (some private markets expand exclusions or streamline claims handling).

Why It Matters
High-value homes: In Southeastern Massachusetts, Cape Cod and the Islands, North Shore, waterfront and coastal properties often exceed NFIP limits, leaving significant gaps in protection.
Businesses: Commercial buildings, equipment, and inventory can easily surpass $500,000 in value.
Peace of mind: It ensures full replacement costs are covered, rather than leaving property owners financially vulnerable.

Example
If a New Bedford homeowner has a $600,000 property near the coast, NFIP would only cover $250,000 for the structure. Without excess flood coverage, they would personally absorb the remaining $350,000 risk in a total loss. An Excess Flood policy fills that gap.

👉 In short, Excess Flood Insurance = supplemental protection that ensures your property and assets are fully covered when NFIP limits fall short.

Ready for a Coverage Review?

Whether you're purchasing a new home or evaluating your current policy, we’ll walk you through the numbers and explain your options—clearly, simply, and thoroughly.

📞 Call us at (508) 997-3321
📧 Email: info@hccinsuranceagency.com
📍 Visit us: 195 Kempton St, New Bedford, MA 02740

HCC Insurance | Established 1926

“More than just a policy. A partner in risk management.”