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South Carolina, Once upon a time Flood insurance was included in Home Insurance Policies, until Private Insurance companies got Greedy


The story is old, but still relevant today as some South Carolina residents are rebuilding one year later after South Carolina’s Historical flooding. Once upon a time, when you bought a home insurance policy, flood insurance was included, well that is until Private insurance companies walked away leaving Home owners to pay for all their flood damages. Did these insurance companies even reduced the cost of homeowner policies when the removed their flood insurance? Whether they lowered rates or not; chances are it wouldn’t have matter, because insurance companies would have found a way to raise your rates. Hurricanes happen seasonally, flooding is very common and yet home insurance policy are ready an available to cover a dog bites.

It was during the 1960s many private insurances decided to get rid of flood protection as a part of home insurance policies.   Very similar Health Insurance companies attempt to stop insuring someone with pre-existing condition echoes this greed for more profits.

Once again we can refer back to the 1950’s when not only the middle income had more money to spend, they had home insurance policies that included flood insurance.

More likely than not, home owners don’t file home insurance claims unless it is necessary, which once helps boosting the insurance companies profits. What insurance companies aren’t boosting is your peace of mind.

The average rate hike for the first claim nationwide is 9%, but it’s far worse in Wyoming (up 32% on average), Connecticut (21%), Arizona (20%), New Mexico (19%) and California (18%)


According to Zack.com try that the avg person on in Oregon files about every 9 years for claims, and yet Insurance companies
Unlike car insurance most people don’t have to file insurance claims, and what they do claim are not your very expensive claims, such as fire.
Average Number of Homeowners Claims
Property owners rarely file claims. According to the Oregon Insurance Division, the average homeowner makes a claim every nine years. Insurance agent David Shaffer says it’s once every 10 years, according to insurance company underwriters’ studies. Homeowners claims are filed less frequently than automobile claims because houses don’t move: Essentially, the event must come to the home. The most common types of claims include water damage, personal injury, dog bites and fire damage.

Consider this according to the Insurance Information Institute:
The catastrophic floods in South Carolina over the weekend provide a stark reminder that flooding is the most common and costly natural disaster in the United States, causing an average of $50 billion in economic losses each year, according to the Insurance Information Institute (I.I.I.). In fact, most U.S. natural disasters declared by the president involve flooding.

Before 1950 flood insurance was part of the standard homeowners’ insurance policy. During the 1950s increasingly high correlation of losses by holders of flood policies of the same company caused many insurance companies to begin excluding flood coverage from standard insurance policies, selling flood insurance separately. Over time, insurance premiums collected were insufficient in covering payouts after major flooding events. In the 1960s flood insurance became completely unprofitable and private companies no longer offered flood insurance policies. This meant that the costs of floods were borne by property owners, many of which could not afford such high disaster costs. The government provided public disaster aid to affected property owners. In 1968, the National Flood Insurance Act established the National Flood Insurance Program (NFIP), which allows property owners to purchase insurance from the U.S. government that covers certain losses from flooding. The intended purpose of the program was to reduce the overall costs of floods by providing incentives for flood risk management, and to pool flood risks nationally to lessen the blow to individuals hit by major floods. This insurance is not set by the market risk valuation. It is less expensive than the private insurance company rate would be. This is accomplished either by the program running a deficit and borrowing money or by subsidies from the national government. Either way, the property owners with NFIP policies are receiving government subsidies to live in areas with high flood risk.


While home insurance policy may cover fires, flooding is more common. While some may disagree with the Affordable Care Act, it would have been interesting to see the response of private insurance companies back then, if Congress had offer home policies that included flood insurance. It may have change the industry if the government gave them the competition they deserved. Private insurance companies might have changed their tune. Instead though, you’ve got a home policy where the insurance industry is getting rich off of dog bites protection.

In many ways the history of these private insurance companies should serve as a reminder of why we have the Affordable Care Act (ACA). Since first enactment some private insurance companies have partnered with the Federal Government to help provide flood insurance. Besides Allstate, don’t expect a lot of nationally known insurance companies to be included in partnering with the federal government to give you flood insurance.

Our Partners https://www.floodsmart.gov/floodsmart/pages/about/nfip_partnership.jsp

The National Flood Insurance Program (NFIP) is administered by the Federal Emergency Management Agency (FEMA), which works closely with more than 80 private insurance companies to offer flood insurance to homeowners, renters, and business owners. In order to qualify for flood insurance, the home or business must be in a community that has joined the NFIP and agreed to enforce sound floodplain management standards.

There are 71 companies listed below, but according to the National Flood Insurance Program (NFIP) there were once upon a time 80 companies partnered with the federal government. It was only in 2014 flood insurance through private partner became available in South Carolina through the Flood Insurance Agency of Gainesville, Florida. Over forty years later, this was the first time residents could buy flood insurance that wasn’t federally funded. Even though it has been suggested the government insurance rate was higher, the Flood Insurance Agency of Gainesvile has a deductible of $5,000 while the National Flood Insurance Program has a deductible of $1000.

Unlike the ACA, there are no mandate and there is not enough major market exchange with private insurance companies to be available to make competitive in all 50 states so home owners can buy at lower costs, and yet private insurance companies are profiting from insurance policies that most home owners will not file claims unless necessary.

According to Floodsmart.gov Twenty percent of home owners filing claims for flood insurance do not live in high risk flood areas.

If you go Farm bureau website today to purchase flood insurance they give you this passionatr plea on why you need flood insurance, but they then direct you to the federal government to purchase:

Flood Insurance for South Carolina Homes

You might not be worried about damage from flooding because you don’t live near the coast or another body of water. Or maybe you assume your home is already covered for water damage by your homeowner’s insurance policy. The fact is everyone in South Carolina should be concerned about flooding.

Your homeowner’s insurance does not cover damage caused by flooding. A separate policy must be purchased through the National Flood Insurance Program. Your Farm Bureau Insurance agent can assist you with purchasing a flood insurance policy for your home in South Carolina, whether it’s near the coast or in the Upstate. A Farm Bureau Insurance agent can also answer questions you may have about an existing flood policy.

Importance of Flood Insurance

Statistics show that during the course of a 30-year mortgage, a home is three times more likely to be damaged by a flood than by a fire.


As prior mentioned there are only 71 companies below listed the the National Flood Insurance Program (NFIP) is partnered with.

  1. Subsidiary: Allstate New Jersey Insurance Company

    Refer to your Local Agent, or for Agent Locator:

  2. Subsidiaries: Citation Insurance Company, Commerce Insurance Company, Commerce West Insurance Company, Mapfre Insurance Company, Mapfre Insurance Company of New York.

    Name Information
    Jeffrey Pasco
    Manager, Staff Underwriting
  3. Subsidiary: American Family Insurance Company

    Refer to your Local Agent, or for Agent Locator:

    Name Information
    Jill Blackburn
    Sr. Manager External Markets
    (608) 242-4100 ext. 34828
  4. Name Information
    Tyler Cockrum
    Broker Relationship Mgr.
    417-887-4990 x4431
  5. Subsidiaries: ACA Home Insurance Corporation, American Capital Assurance Corporation, ASI Assurance Corporation, ASI Lloyds, ASI Preferred Insurance Corporation, ASI Select Insurance Corporation

    Name Information
    Kevin Milkey
    Executive Vice President
    727-821-8765 ext. 1202
  6. Name Information
    Stella Craig
    Flood Manager
    800-749-6419 ext 7271
    fax: (208) 955-4230
  7. Name Information
    Cindy Lee
    Flood Administrator
  8. Name Information
    Patricia A. Mulvania
    Vice President
    800-423-4403 ext 5165772
  9. Name Information
    Doug Iannarelli
    Flood Program Coordinator
  10. Subsidiary: Owners Insurance Company

    Name Information
    James E. Meyer
    Manager Flood/JUA
    800-346-0346 ext 1417
  11. Name Information
    Laurie Gilbert
    Principal Coordinator
    251-943-8526 ext 104
  12. Subsidiaries: Bankers Insurance Company and Bankers Specialty Insurance Company

    Name Information
    Ruth Bennett
    Flood Solutions Director
    800-627-0000 x4280
  13. Name Information
    Tony DiBuono
    VP Marketing
    (850) 521-0742 ext. 1299
  14. Name Information
    Christopher DuCharme
  15. Name Information
    Brock Howard
    VP Claims
    (941) 870-0204 ext. 204
  16. Name Information
    Brenda Smith
    800-942-4942 ext. 2061
  17. Name Information
    Gidel Mendez
    Operations VP
    787-758-8585 ext 2521
  18. Name Information
    Roger D. Walker
    Senior Vice President & COO
    573-817-2481 ext 234
  19. Subsidiaries: ACA Insurance Company and Western United Insurance Company

    Name Information
    General Company Contact Number
    Ask for the Sales Department
    Name Information
    Doreen Earle
    Homeowners Prod Mgr.
  20. Name Information
    Shirley I. Mock
    800-326-4968 ext 5459
  21. Name Information
    Tyler Cockrum
    Broker Relationship Mgr.
    417-887-4990 x4431
  22. Subsidiaries: Civic Property & Casualty Company, Farmers Insurance Company, Farmers Insurance Company of Arizona, Farmers Insurance Company of Idaho, Farmers Insurance Company of Oregon, Farmers Insurance Company of Washington, Farmers Insurance Exchange, Farmers Insurance of Columbus, Farmers New Century Insurance Company, Foremost Insurance Company of Grand Rapids, Michigan Illinois Farmers Insurance Company, Mid-Century Insurance Company, Texas Farmers Insurance Company, Truck Insurance Exchange

    Refer to your Local Agent, or for Agent Locator:

    Name Information
    General Company Contact Number
    Name Information
    Jeff Hinesly
    Flood Program Director
    Name Information
    Flood Customer Service
  23. Name Information
    Steve Young
    V.P. Operations
  24. Name Information
    Denise Zmudosky
    Cash and Credit Manager
    fax: (714) 560-7807
    Name Information
    General Company Contact Number
  25. Name Information
    Jeffrey Shonka
    fax: 808-543-3403
  26. Name Information
    Leman Porter
    (407) 444-5224 ext. 116
  27. Name Information
    Katie Kamen
    Udw. Systems Tester
    (239) 495-4702
  28. Name Information
    Terri McCoy
    AVP Udw. & Product Dev.
  29. Subsidiary: Hartford Fire Insurance Company of The Midwest

    Name Information
    Robert Nadeau
    AVP, Flood
  30. Name Information
    Robert Nadeau
    AVP, Flood
    Name Information
    General Company Contact Number
  31. Subsidiaries: Homesite Indemnity Company, Homesite Insurance Company of California, Homesite Insurance Company of Florida, Homesite Insurance Company of Georgia, Homesite Insurance Company of Illinois, Homesite Insurance Company of New York, Homesite Insurance Company of the Midwest, Homesite Lloyd’s of Texas

    Name Information
    Terrell Smith
    Agency Supervisor
  32. Subsidiaries: Integon Casualty Insurance Company, Integon General Insurance Company, Integon Indemnity Corporation,Integon National Insurance Company, Integon Preferred Insurance Company, MIC General Insurance Corporation,National General Assurance Company, National General Insurance Company, National General Insurance Online, Inc., New South Insurance Company
    Name Information
    Teri Rhodes
  33. Name Information
    Julio Torres
    Branch Manager
    787-781-0707 ext 113
  34. Name Information
    Lane Nishioka
    Sr. Product Mgmt Specialist
  35. Refer to your Local Agent, or for Agent Locator:

    Name Information
    Julia Harney
    Principal Flood Coordinator
    Name Information
    Flood Insurance Quoting and Customer Service Contact Number
  36. Name Information
    Alexis Sanchez
    Sr. VP Und & Reins.
  37. Subsidiary: Metropolitan Direct Property & Casualty Insurance Company

    Name Information
    Kim Quagan
    Flood Product Manager
  38. Subsidiary: Millville Mutual Insurance Company of New York

    Name Information
    Paige Raski
    800-262-8495 ext 109
  39. Name Information
    Franchesca Cruz Vargas
    Underwriting Mgr
    787-758-0909 ext 2298
  40. Name Information
    Mike Winchell
    Product Manager
    800-929-1500 x1289
  41. Name Information
    Stella M. Craig
    Flood Manager
    800-749-6419 ext 7271
    Name Information
    General Company Contact Number
  42. Name Information
    Anthony Morro
    Underwriting Analyst
    610-941-9877, x257
  43. Name Information
    Livia A. Hillmyer
    Flood Administrator
    609-883-1300 ext 3601
  44. Subsidiaries: Main Street America Assurance Company and Old Dominion Insurance Company

    Name Information
    General Company Contact Number
    Name Information
    Joe Landers
    Flood Manager
  45. Name Information
    Monique Baysingar
    Flood Program Manager
  46. Subsidiary: Germantown Insurance Company

    Name Information
    General Company Contact Number
    Name Information
    Christopher C. Oehrle
    VP Marketing & Agency Relations
  47. Name Information
    Pamela Moats
    Flood Product Manager
    877-672-7945 ext 8295
  48. Affiliated Companies: High Point Preferred Insurance Company, Mount Washington Assurance Corporation, Palisades Property & Casualty Insurance Company, Plymouth Rock Assurance Corporation

    Name Information
    Joseph Mullen
    Director of Finance
  49. Name Information
    Chris August
    Dir. Of Marketing
  50. Name Information
    James Pozzi
    Sr. Analyst
    (914) 538-8691
  51. Name Information
    Kristi Gayle
    Flood Coordinator
  52. Name Information
    Michael Wall
    Dir. Udw. & Prod. Dev.
  53. Name Information
    Deborah Larson
    Flood Administrator & VP
  54. Subsidiaries: Selective Casualty Insurance Company, Selective Fire & Casualty Insurance Company, Selective Insurance Company of New England, Selective Insurance Company of New York, Selective Insurance Company of South Carolina, Selective Insurance Company of the Southeast

    Refer to your Local Agent, or for Agent Locator:

    Name Information
    General Company Contact Number
    Name Information
    Cassie Masone
    Vice President, Flood Operations
  55. Subsidiary: Occidental Fire & Casualty Company of North Carolina (also writes in Connecticut).

    Name Information
    Robert Walker
    Flood Program Manager
    800-780-8423 ext 1069
  56. Subsidiaries: Florida Farm Bureau General Insurance Company, Georgia Farm Bureau Mutual Insurance Company, Kentucky Farm Bureau Mutual Insurance Company, Louisiana Farm Bureau Casualty Insurance Company, Mississippi Farm Bureau Mutual Insurance Company, North Carolina Farm Bureau Mutual Insurance Company, South Carolina Farm Bureau Mutual Insurance Company, Texas Farm Bureau Casualty Insurance Company, Virginia Farm Bureau Mutual Insurance Company

    Name Information
    Tracy B. Ladner
    Director, Flood Insurance Operations
  57. Name Information
    Tony DiBuono
    VP Marketing
    (850) 521-0742 ext. 1299
  58. Name Information
    Contact the Marketing Department
    800-509-1592 ext 6411
    (800) 509-1592 ext. 6411
  59. Name Information
    Jose del Amo
    SVP Udw. & Op.
  60. Name Information
    Brenda Donahue
    Personal Lines Underwriter
  61. Name Information
    Deepak Menon
    Chief Revenue Officer
    727-895-7737 x1470
  62. Name Information
    Janice M. Pagan
    CISR Manager
  63. Name Information
    Michelle Diaz
    Flood Insurance Coordinator
  64. Name Information
    James R. Watje
    Vice President, Sales and Program Management
    941-378-8851 x6211
  65. Name Information
    James R. Watje
    Vice President, Sales and Program Management
    941-378-8851 x6211
  66. USAA has strict eligibility requirements that must be met in order to be insured with USAA.

    Name Information
    Flood Operations Member Service
  67. Name Information
    Courtney Guss
    Flood Marketing Leader
  68. Also operates on a surplus lines or non-admitted basis in Indiana.

    Name Information
    Amanda Krupkin
    Principal Flood Coordinator
  69. Name Information
    Deb Buohl
    717-733-8648 ext 251
  70. Name Information
    Patricia Latshaw
    Vice President, Flood
  71. Name Information
    Bobby Lee
    EVP of Marketing & Underwriting



Most of the information you will see comes from some Federal/state Government documents or Federal/State Governm Agency. -----------------------------------------------The fellow that can only see a week ahead is always the popular fellow, for he is looking with the crowd. But the one that can see years ahead, he has a telescope but he can't make anybody believe that he has it. ~~~~Will Rogers __The woman who follows the crowd will usually go no further than the crowd. The woman who walks alone is likely to find herself in places no one has ever been before.~ Albert Einstein ~"I never work better than when I am inspired by anger; for when I am angry, I can write, pray, and preach well, for then my whole temperament is quickened, my understandingsharpen​ed, and all mundane vexations and temptations depart.” ~Dr. Martin Luther King Jr. _________________________________________________________________________________________ ~"The bosom of America is open to receive not only the Opulent and respectable Stranger, but the oppressed and persecuted of all Nations and Religions; whom we shall welcome to a participation of all our rights and privileges, if by decency and propriety of conduct they appear to merit the enjoyment".~___________________________________ George Washington, Address to the Members of the Volunteer Association of Ireland, December 2, 1783 Fredericacade@gmail.com


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