Top 7 flood insurance companies in the US

Flooding is the most widely recognized and exorbitant calamity insurance guarantee in the US, causing billions in monetary misfortunes consistently. According to the Public Flood Insurance Program (NFIP), 90% of catastrophic events in the nation involve flooding.

There’s no inclusion for flooding in standard homeowners or renters strategies or most commercial property insurance approaches. Inclusion is accessible in a different strategy from the NFIP and a couple of private insurers.

Here are the top 7 confidential flood insurance companies, according to the Insurance Information Institute:

1. FM Global

The FM Global Group is a family of property insurance-focused companies, including AFM, FM Endorsements, FM Global, FM Global Freight, Crisis Response Specialists, and Mutual Evaporator Re. FM Global is a US-based mutual insurance organization that has offices all over the planet and has practical experience in misfortune prevention administrations, focusing on huge corporations all through the world in the profoundly safeguarded risk property insurance market area.

FM Global is an idea chief in the calamity insurance space. In a whitepaper, it handled why CFOs need to initiate preparations for fiascoes to relieve weather-related harm to properties and business interruption misfortunes.

2. Assurant

Assurant, Inc. is a global gamble the executives arrangement supplier with a market presence in 21 nations. A Fortune 500 organization, Assurant focuses on the housing and lifestyle markets. It’s a market chief in expanded help contracts, moneylender put homeowners insurance, cell phone security and related administrations, pre-subsidized burial service insurance, renters insurance, and vehicle security items.

Assurant is the second biggest supplier of compose-your-own (WYO) approaches through the NFIP. It likewise composes private flood insurance approaches that offer higher inclusion limits and adaptable additional items for residential, RCBAP and commercial properties.

3. Zurich Insurance Group

Zurich is a multi-line insurer that gives a different scope of property and setback items and administrations, as well as life insurance. Zurich’s customers range from individuals to independent ventures, average-sized to huge firms, and multinational corporations. It administrations customers in both global and neighborhood markets.

The organization has a flood resilience program, a multi-area association focusing on shifting from present occasion recovery on pre-occasion resilience building.

4. American International Group (AIG)

American International Group (AIG) is a global insurance organization that offers items and administrations like customary insurance, particular arrangements, and overabundance and surplus lines insurance to assist businesses with addressing emerging dangers. Its clients range from enormous, international, and average-sized companies to private ventures, entrepreneurs, and non-profits viewed around the world.

5. Swiss Re

The Swiss Re Group has a few key business units, including reinsurance, corporate arrangements, life capital, and public area arrangements. In the mean time, the Swiss Re Institute injects thought authority into the insurance industry, with the group producing information driven research close by accomplice associations.

On the calamity insurance side, Swiss Re Corporate Arrangements improved its online entrance, Heartbeat, with another capability that conveys real-time normal fiasco occasion warnings to clients.

6. Berkshire Hathaway

Berkshire Hathaway Inc. is an Omaha-domiciled holding organization that possesses more than 60 auxiliaries. Its insurance auxiliaries include Applied Guarantors, Berkshire Hathaway Watchman Insurance Companies, Berkshire Hathaway Specialty Insurance, Entryway Financiers Office, GEICO, General RE, MedPro Group, Public Indemnity Organization, and US Risk Insurance Group.


MAPFRE is a global insurance group doing business in more than 100 nations across five continents. It has more than 36,000 workers serving north of 30 million customers around the world. In the US, MAPFRE is the 21st biggest property/setback insurer and 20th biggest confidential traveler auto insurer, with a presence in 14 states.

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