It’s important to note, however, that flood insurance also has limits on what it will protect. A flood insurance policy in Austin, TX, will help restore losses should water enter your home from excessive rainfall, a failed dam/levee, or if a body of water, such as the Colorado River, were to overflow. Homeowners insurance won’t help you in almost any flooding event and the cost of repairs can skyrocket quickly. When Austin floods, homeowners can be on the hook for the costs of repairs if they are not properly covered. Protecting Yourself From Flooding in Austin, Texas Even a small flood can cause extended damage and lead to other issues that compromise the integrity of your home such as mold damage or problems with your home’s foundation. On average, flood insurance claims reach $31,000 for homeowners, making the small investment of hundreds of dollars each year an affordable option to offset the risk of restoring much larger losses. Some of the most common risk factors for flood insurance costs include the location of your home, its age, the amount of flood insurance coverage you need, etc. This falls in line with the national average of around $700 per year, though some homeowners may pay as little as $500 per year, depending on various risk factors. Flooding in Austin, Texas, continues to be a problem both because of the remnants of storms coming from the Gulf of Mexico and the area’s natural rainfall which can produce flash floods.įlood insurance cost in Austin, TX, is around $600-700 per year. Yes, and although Austin, Texas, suffered mostly from street flooding during Hurricane Harvey, there were still over 5,500 properties that were affected by flooding due to the storm. Get to know your options and stay protected with a flood insurance policy that won’t cause you to overpay. This means that no matter if you reside in Montopolis, North Austin, Barton Creek, or any other neighborhood, you need to understand that the threat of flooding applies to everyone. Both private flood insurance companies as well as federally backed programs are available and can help you offset the hefty costs of restoring your home after a flood.Īs many as 25% of all flood insurance claims come from homes outside of flood zones. A homeowners insurance policy is a powerful tool to protect your home but it will not cover damage from flooding. These threats mean that if you are going to live in Bat City, you are going to want to inquire about flood insurance in Austin, Texas. These developments mean more concrete which leads to harsher runoff and more flooding potential. There’s still a great music scene, nightlife, culture, and job market, which means more development.

There are many opportunities to float the river and you may think it’s inland enough for it not to be affected by hurricanes, but you’d be surprised that flash floods are a threat to homeowners in the city.Īnother major factor for Austinites is the fact that even with increased living costs over the years, it still continues to be a favored place for people to move.

Central Texas is where our capital city resides. Austin, Texas, continues to live by its mantra “Keep Austin Weird”, but one of the weird things about the city is the lesser realized fact that it is a flood hazard for homeowners.

Fema flood zone map 78747