Flood Insurance

Flood insurance is very important for homeowners, renters, and business owners throughout the state of New Jersey. Flood risks aren’t limited to coastal regions. More importantly, they aren’t limited to areas that have flooded in the past or are known flood risk areas. This is one type of insurance coverage that everyone can benefit from.

The rules of flood insurance are changing, though. Johl & Company independent agents can help you determine the right type of flood insurance to meet your needs, your budget, and to protect your property.

A Recent History of Flood Insurance

Until the Homeowner Flood Insurance Affordability Act of 2014, New Jersey homeowners, renters, and business owners were paying considerably less for their flood insurance. The changes in the law brought about increases of up to 25 percent in flood insurance premiums. Hardest hit were business owners or those insuring second homes or vacation properties.

It’s not so much that the rates are rising as it is that the subsidies that kept those rates artificially low for well over a decade are going away.

It is important to note that the rate changes mentioned above, refer to rates for households and businesses enrolled in flood insurance through the National Flood Insurance Program (NFIP).

Despite these rate increases, the NFIP remains the wisest choice for many home owners. But not for all. Some are faced with important decisions about whether or not to continue purchasing their insurance from the NFIP or pursuing other options when it comes to a flood policy.

This is why it’s so important to work with an independent insurance agency, like Johl & Company. We have your best interests at heart. We’re not here to sell you any policy. We’re here to help you identify the right policy for your situation right now – and to help you make changes in coverage you need as your situation changes over time.

Do You Really Need Flood Insurance?

As we’ve already discussed, you don’t have to live anywhere near the ocean to need flood insurance. Most people think of flooding in association with storm surge from hurricanes or rivers rising from long-term heavy rainfall. The truth is that floods can strike practically anywhere with little or no notice. More importantly, common New Jersey events have been known to cause their fair share of floods over the years, including the following:

  • Tropical Storms and Hurricanes
  • Blizzards
  • Snow Melts
  • Heavy Rainfall
  • Backed up Storm Drainage
  • New Housing Developments
  • Spring Thaws
  • Ice James
  • La Nina
  • El Nino
  • Dams

The problem is that it takes nearly 30 days for flood insurance to go into effect – unless you’re purchasing or refinancing your home. This means that waiting until a flood seems eminent is waiting until it’s too late.

There are simply too many potential causes of floods to ignore the risks. We can help you get the protection you need and discuss things you can do, such as elevating homes in coastal regions to mitigate those risks.

Why Consult Johl & Company for Flood Insurance?

Whether you purchase flood insurance through the NFIP or purchase a private flood insurance plan, Johl & Company can help facilitate the process and provide expert advice and guidance about what’s the right choice for you. We’re here to help you from the purchase of the policy to filing necessary claims as they come along.

Don’t take our word for it though. Read our online reviews to see what our customers have to say about the service, advice, and products we offer. Then call 877-774-7382 for a free, no obligation rate quote and to learn more about your flood insurance options.

Talk to Us! Let us know how we can help

Contact us today for a free quote for both personal and business coverage.

What Our Clients Say

  • reviews

    I would like to start by saying my experience with your agency has been amazing. I have been a customer for a few years. When I first stepped foot in your office I was close to loosing my car insurance coverage with my old provider, some places were turning me away and I was receiving high quotes from other companies. Your agency was the only one that took their time with explaining my options and providing the best insurance coverage that suits my needs. Your knowledge in this field helped to educate me with my decisions.

    – Yadira B, Garfield, NJ

  • reviews

    Just a few words of appreciation. The Kozma/Johl Insurance agency have insured my home and automobiles etc. for the past fifty years, during this period I had a few problems which were resolved without incident. The agencies associates were very professional in resolving these claims and I was more than satisfied with the results.
    Furthermore I will recommend the agencies services to my family and friends without reservation. Once again thank you

    – Carl H., Elmwood Pk, NJ

  • reviews

    Two years ago, I needed insurance for my newly purchased condo. When I reached out to my good friend Drew Stolz for advice, he not only assisted but was also able to get me car insurance, bundled with the condo policy for a cheaper price! He immediately found an affordable plan and explained all the details in ways I could understand. Every year on the annual date, he looks to find the best coverage plan and also one that is the most affordable. I am so grateful for Drew’s assistance.

    – Kim L., Granby, CT

  • reviews

    I have been a customer of Johl & Co for many years, both for my business and personal insurance. Over the entire time, I have been treated with best in class service along with competitive rates. Everyone at Johl that I have dealt with over the years has always been able to address any question, claim or concern in the most prompt professional manner. I would strongly recommend Johl & Co. to anyone for all their insurance needs.

    – Bob K., Englewood Cliffs

  • reviews

    As far as the John Johl Company, I have been a customer for I want to say like 22 plus years. I have been more than satisfied not only with the coverage , but with the service as well. You are there when I need you and you take the extra step to ensure the best coverage and the best options for Kathy & my peace of mind.
    Geiko , Progressive who ??? I Always refer you…..

    – Mark N., Lyndhurst, NJ