You can also:

Follow Us:

FacebookTwitterBlog RSS

Share |

Massachusetts Law About Flood Insurance

Massachusetts Laws

St.2014, c.177 An Act Further Regulating Flood Insurance. Prohibits creditors from requiring homeowners to have flood insurance in excess of the mortgage balance, or requiring policies to have a deductible of less than $5000.

Federal Laws

42 USC 4001-4129 National Flood Insurance Program

Federal Regulations

44 CFR 59-79 National Flood Insurance Program

Other Web Sources

FloodSmart: An Official Site of the National Flood Insurance Program. Site includes resources to estimate your flood risk and find out about insurance.

Frequently Asked Questions on Flooding and Insurance, Mass. Divisio of Insurance. Covers what to do in a flood, what is and isn't covered, and typical requirements when filing a claim.

Insurance Commissioner Urges Consumers to Consider Flood Insurance, Mass. Division of Insurance. Helpful information includes: "Your homeowners' policy does not cover you for flood damage. Approximately 25% of all flood insurance claims come from "low-risk" areas. Floods are commonly caused by storms, melting snow, dam or levee failure or water backup due to overloaded drainage systems. The average policy costs around $300 annually for about $100,000 of coverage."

National Flood Insurance Program Laws and Regulations, FEMA.

Print Sources

Miller's Standard Insurance Policies Annotated, Legal Research Systems, loose-leaf.