How much does Palomar flood insurance cost?
The average cost of a standalone flood insurance policy with Palomar is $732 per year, according to our 2023 analysis of private flood insurance pricing data from the National Association of Insurance Commissioners (NAIC). [1] This is based on 15,499 policies and $11.3 million in written premiums.
However, your own rates will vary depending on factors like your home's flood zone, elevation, and how much coverage you need.
Palomar flood insurance state availability
Palomar offers flood insurance policies in 30 states: Arizona, Arkansas, California, Colorado, Connecticut, Georgia, Hawaii, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maine, Michigan, Mississippi, Missouri, Nevada, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, and Wisconsin.
Compare flood insurance rates in your state
Palomar vs. NFIP flood insurance
Palomar private flood insurance is an alternative to the National Flood Insurance Program (NFIP) — a government-backed program run by the Federal Emergency Management Agency (FEMA) that accounts for around 90% of residential flood insurance policies. [2]
However, the NFIP’s low coverage limits, 30-day waiting period, and minimal coverage add-ons available have made private flood insurance more and more popular.
Compare Palomar flood insurance to the NFIP to decide which policy makes the most sense for you:
Palomar | NFIP | |
|---|---|---|
Average annual cost | $740 | $939 |
Maximum home rebuild limit | $5 million | $250,000 |
Maximum personal property limit | $1 million | $100,000 |
Replacement cost building coverage | Yes | Yes |
Replacement cost coverage for belongings | Yes | No |
Loss of use coverage | Yes | No |
Debris removal coverage | Yes | Yes |
Basement contents | No | No |
Waiting period | 0 days | 30 days |
Highest deductible option | 5% of your building coverage limit | $10,000 |
Learn more >> Private flood insurance vs. NFIP: Which is better?
What to expect with Palomar flood insurance
How to get a quote: You can get a Palomar flood insurance quote online through Policygenius or by filling out a form on Palomar’s website to have an agent contact you.
Customer service options: You can get in touch with a Palomar customer service rep by calling 619-567-5290, emailing PassHelpDesk@plmr.com, or filling out a form on its website.
How to file a claim: You can file a Palomar flood insurance claim by completing an online form or emailing Claims@plmr.com if you have a standard flood insurance policy or ESClaims@plmr.com if you have excess flood insurance.
How to cancel your policy: You can cancel your Palomar flood insurance policy by contacting your Palomar agent (their contact info should be on your policy declarations page).
