Is flood insurance capped at $250,000?
Standard residential building and structural coverage purchased through the federal National Flood Insurance Program (NFIP) administered by FEMA is indeed capped at a maximum limit of $250,000 for single-family residential structures. Additionally, personal property or contents coverage under the standard federal program is capped separately at $100,000. Homeowners seeking protection that exceeds these statutory federal limits typically purchase supplemental excess private flood insurance policies to fully cover higher property reconstruction values.
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