New Jersey Flood Insurance Information
Morris County, NJ & Surrounding Counties
Even though flood insurance is relatively inexpensive, most
homeowners do not choose to purchase the insurance protection
available. According to the Federal Insurance Administration, less
than one-quarter of the homes in areas most vulnerable are
insured against flood loss. In those areas, flooding is 24 times
more likely to occur than a fire during the course of a typical
30 year mortgage.
A standard homeowners insurance policy will not cover damages
caused by flooding. You must have flood insurance from an insurer
that writes for the National Flood Insurance Program. If your
community participates in a floodplain management program, you
should be eligible to buy the coverage no matter if your flood risk is
low, medium or high. Residents of "coastal barrier areas" and
communities that do not participate in floodplain management
programs may have trouble finding flood insurance coverage. New
Jersey flood insurance is also available to renters, condominium
owners, and co-op owners.
Coastal New Jersey in particular has special flood insurance concerns from tropical
storms and hurricanes. Be prepared! Click on the link below to fill out a secure quote
request form for a New Jersey Flood Insurance policy that will provide excellent personal
insurance coverage at an affordable cost. Or you can speak with our New Jersey Flood
Insurance specialist at (973) 584-5850 to discuss the insurance features in more detail.
We are a Flanders, NJ insurance agency offering affordable New Jersey renters insurance
policy premiums to residents of the following towns, cities and counties in New Jersey:
mount olive, budd lake, hackettstown, ledgewood, succasunna, naughright, chester, mount
freedom, randolph, wharton, dover, beatyestown, port murray, great meadows, netcong,
mount arlington, hopatcong, mount hope, morristown, rockaway, morris plains, mendham,
whippany, parsippany, boonton, hurdtown, espanong, greendell, pottersville, bernardsville,
basking ridge, mountainville, high bridge, bunnvale, hampton, washington, hope, newark,
trenton, camden, elizabeth, jersey city, paterson, hackensack, cherry hill, vineland, millville,
toms river, atlantic city, piscataway, fort lee, orange, union city, paramus, new brunswick,
bayonne, hoboken, north bergen, essex county, middlesex county, mercer county,
hunterdon county, bergen county, passaic county, morris county, warren county, sussex
county, somerset county, union county, hudson county, gloucester county, camden
county, burlington county, atlantic county, ocean county, cumberland county, salem
county, monmouth county, cape may county, NJ. We also offer renters insurance
coverage throughout Connecticut, Pennsylvania, and New York.
Outside of fire, flooding is the most widespread natural disaster. According to the National Flood
Insurance Program, two adjacent properties have to be under water to call the situation a flood. In a
rural area, at least 2 acres must be submerged.
The two primary types of New Jersey Flood Insurance Policies are listed below.
Actual Cash Value Policy
The value of property as figured by determining the cost to replace the damaged or
destroyed property and adjusting the replacement value by subtracting an amount
that reflects depreciation. Or in other words, replacement cost minus
depreciation. Homeowners are entitled to a replacement cost value if they live in
their homes at least 80% of the time and have flood insurance coverage for at least
80% of their home's market value.
Commercial buildings, apartment buildings and secondary residences will be covered
only for actual cash value. Personal property is always valued at actual cash value.
Some building items such as carpeting are always adjusted on an Actual Cash Value
basis.
Replacement Value Policy
The amount it costs to replace or rebuild a damaged property. Replacement cost
coverage is available only for the building portion of a condominium insurance policy.
Owners of single-family homes may be able to buy replacement cost coverage on the
building portions of their flood insurance policies. A New Jersey flood insurance
replacement value policy will pay only the replacement value up to the coverage limit
providing the following conditions are met:
Flood Perils Include:
Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion
or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result
in flood as defined above
Unusual & rapid accumulation of runoff or surface waters from any source that result in a flood as
defined above
Overflow of inland or tidal waters that result in a flood as defined above
Mudflow defined as a river of liquid and flowing mud on the surfaces of normally dry land areas, as
when earth is carried by a current of water that result in a flood as defined above
A general and temporary condition of partial or complete inundation of two or more acres of normally
dry land area or of two or more properties at least one of which is yours from:
For example, if rebuilding your home will cost $250,000, but you only purchased
$200,000 in coverage, your insurance policy will pay you only $200,000.
1. the insured building is a single-family dwelling
2. the insured dwelling is your primary residence, meaning you live there at
least 80% of the year
3. the insured dwelling coverage is at least 80% of the current full
replacement cost of the dwelling, or the dwelling limit is the maximum
allowed for the dwelling under the current NFIP guidelines
Flood Zone Determinations
Flood Zones 101
B, C and X - These areas have been identified in the community Flood Insurance
Study as areas of moderate or minimal hazard from the principal source flood in the
area. However, buildings in these zones could be flooded by severe, concentrated
rainfall coupled with inadequate local drainage systems. Local storm water drainage
systems are not normally considered in the communities Flood Insurance Study. The
failure of a local drainage system creates areas of high flood risk within these rate
zones. Flood insurance is available in participating communities. (Zone "X" is used on
new and revised maps in place of Zones B and C.)
D - Unstudied areas where flood hazards are undetermined but flooding is possible.
Flood insurance is available in participating communities.
V - Special Flood Hazard Area's along coasts subject to inundation by the 100-year
flood with the additional hazards associated with storm waves. Because detailed
hydraulic analyses have not been performed, no base flood elevations or depths are
shown.
VE & V1-V30 - Special Flood Hazard Area's along coasts subject to inundation by
the 100-year flood with the additional hazards due to velocity (wave action). Base
flood elevations derived from detailed hydraulic analyses are shown within these
zones. (Zone VE is used on new and revised maps in place of zones V1-V30.)

A - Special Flood Hazard Area's subject to inundation by the 100-year flood.
Because detailed hydraulic analyses have not been performed, no base flood
elevations or depths are shown.
AE & A1-A30 - Special Flood Hazard Area's subject to inundation by the 100-year
flood determined in a Flood Insurance Study by detailed methods. Base flood
elevations are shown within these zones. (Zone AE is used on new and revised
maps in place of zones A1-A30.)

AH - Special Flood Hazard Area's subject to inundation by 100-year shallow flooding
(usually areas of ponding) where average depths are between one and three feet.
Base flood elevations derived from detailed hydraulic analyses are shown within
these zones.
AO - Special Flood Hazard Area's subject to inundation by 100-year shallow flooding
(usually sheet flow on sloping terrain) where average depths are between one and
three feet. Average flood depths derived from detailed hydraulic analyses are shown
within these zones.

A99 - Special Flood Hazard Area's subject to inundation by the 100-year flood, which
will be protected by a federal flood protection system when construction has reached
specified statutory progress toward completion. No base flood elevations or depths
are shown.
Flood Insurance Acronyms
SFHA - Special Flood Hazard Area's
NSFHA - No Special Flood Hazard Area
FIS - Flood Insurance Study
FIRM - Flood Insurance Rate Map
FEMA - Federal Emergency Management Agency NFIP National Flood Insurance Program
( also CT, PA & NY )
W.R. McClure
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W.R. McClure
Insurance Services, Inc.
230 Route 206
Building 1 - Suite 8
Flanders, New Jersey 07836
Morris County, NJ
Office: (973) 584-5850
Fax: (973) 584-3440

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