This insurance protects against damages caused by flooding as a result of the overflow of bodies of water, storm surges, mudslides, among others.
Damages caused by floods are excluded in most homeowner and business policies.
That is why, for those who reside in areas susceptible to floods, it is necessary to have financial protection against such loss. Because waters displace for miles, we are not exempt from floods even if our property is not close to bodies of water.
MAPFRE, under contract with the Federal Emergency Management Agency (FEMA), offers a Flood Insurance Policy through the National Flood Insurance Program (NFIP) that provides coverage for losses to your home as a result of floods.
You may select coverage for the structure of your property, its content, or both coverages combined.
MAPFRE is the largest provider of Flood Insurance on the Island.