What is Flood Insurance and Do I Need It?

Many Florida homeowners are confused about flood insurance, and for good reason. In insurance terms, “A flood is an excess of water (or mud) on land that is normally dry” according to the National Association of Insurance Commissioners: The NFIP (National Flood Insurance Program) is even more specific. “A flood is a general and temporary condition of partial or complete inundation of two or more acres or normally dry land […]