Homeowner’s policies do not cover flooding. If you are in a flood hazard area or in an area subject to flooding, purchase federal flood insurance. Flood insurance provides coverage for damage to structures and contents from flooding, flood-related erosion, and flood-caused mudslides.
Because the City participates in the National Flood Insurance Program (NFIP), flood insurance is available in the CIty of North Myrtle Beach. Any house in an NFIP-participating community can be covered by a flood insurance policy, even if the house is not in the mapped floodplain. NFIP flood insurance policies can only be purchased for properties within communities that participate in the NFIP.
When you purchase or renew a flood insurance policy, there is typically 30-day waiting period for that policy to go into effect.
The City of North Myrtle Beach is an active participant in the Community Rating System (CRS). This program is voluntary, and determines a discount (from 5-40%) on flood insurance rates based on activities performed by the community. The City of North Myrtle Beach is a CRS Class 6 community, and our residents receive a 20% reduction on our local flood insurance premiums.
Flood Insurance Coverage Facts
Check your policy carefully; separate coverage can be obtained for a building’s structure and its contents.
Some banks or mortgage providers may require flood insurance, but these institutions generally only require coverage for the building’s structure.
Renters can buy contents coverage policies to protect their personal property, even if the property owner does not buy structural coverage for the building.
Where Can I Purchase Flood Insurance?
Any insurance agent can sell a flood insurance policy; all agents must charge the same rates. Contact the NFIP Referral Call Center at 888-379-9531 to request an agent referral.
For homes subject to a lower flood risk, a Preferred Risk Policy can offer multiple coverage combinations for structure and contents.
The FloodSmart website provides more information about the NFIP and where/how you can purchase flood insurance.