Flood Smart > Flood Insurance

Flood Insurance

You Need Flood Insurance

Your homeowner’s insurance policy does NOT cover losses due to flooding. Ocean City has participated in the National Flood Insurance Program (NFIP) since its inception and flood insurance is available for almost all enclosed buildings and its contents. Flood Elevation Certificates for buildings constructed or substantially improved since 1991 are available by calling 609-399-6111 and ask for the Code  Office.

Maximum insurance on a one family dwelling is $250,000 and $100,000 for household contents. Non-residential and business property are also eligible for insurance in various amounts.

Flood insurance is mandatory if the building is subject to any federally-guaranteed financing and rates depend on your lowest floor elevation above mean sea level, plus a variety of other facts and deductable amounts. Premiums are reduced by 20% because of Ocean City’s participation in the Community Rating System. We urge you to inquire about flood insurance coverage from your insurance agent. A waiting period of 30 days may apply.