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In an effort to keep our employees and our customers healthy and safe, we have all of our employees working remotely. We are still here and readily available via email or phone, for all your needs. If you need to make a payment, we will have a drop box for you outside of our offices. Thank you for patience and understanding during this time. The Van Dyk Group

The Benefits of Flood Insurance Over Federal Disaster Assistance

Flood Insurance
Disaster Assistance

YOU are in control.

Flood insurance claims are paid even if a disaster is not declared by the President

Between 20 and 25 percent of all claims paid by the National Flood Insurance Program are outside the Special Flood Hazard Areas

There is no payback requirement

Flood insurance policies are continuous, and are not non-renewed or cancelled for repeat losses.

Flood Insurance reimburses you for all covered losses up to $250,000 for homeowners and $500,000 for businesses

The average cost of a $100,000 flood policy is $370 annually.

Most forms of Federal Disaster Assistance require a Presidential declaration.

Federal disaster assistance declarations are awarded in less than 50% of flooding incidents.

The most typical form of disaster assistance is a loan that must be repaid with interest.

The duration of a Small Business Administration (SBA) disaster home loan is approximately 20 years.

The average loan payment on an SBA disaster loan is $104 a month or $1,250 annually.

Repayment on a $50,000 SBA disaster loan is $311 a month or $3,730 annually.