Wright flood insurance review: Comprehensive coverage

Additional policy options

In addition to ResiFlood, Wright also sells NFIP flood insurance and speciality flood insurance — such as excess and high-value home flood policies — through its carrier partners Lloyds, Chubb, and Hiscox. 

Here’s how Wright’s main flood insurance policy compares to its specialty policy offerings:

	Wright ResiFlood	Hiscox	Chubb	Wright Excess Flood
Policy type	Primary	Primary	Primary	Excess
Dwelling	Max of $1 million	Max of $1.25 million	Max of $2 million for both dwelling & contents	Max of $1.75 million
Personal property	50% of dwelling limit, max $250,000	Max of $875,000	70% of dwelling limit	Max of $100,000
Other structures	10% of dwelling limit, max of $50,000	10% of dwelling limit	Not available	Not available
Loss of use	20% of dwelling limit, max of $50,000	20% of dwelling limit	Up to $5,000 (where available)	Not available
Deductible options	$1,000 to $20,000	$1,000 to $25,000	$1,000 to $50,000	Not available
Other details	No EC or waiting period, replacement cost settlements	7-day waiting period unless for a mortgage, no EC required	7-day waiting period unless for a mortgage, NFIP coverage forms	Excess coverage for NFIP policies, no EC required, 30-day waiting period unless for mortgage

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How much does Wright flood insurance cost?

The average cost of a standalone flood insurance policy with Wright is $470 per year, according to our 2023 analysis of private flood insurance pricing data from the National Association of Insurance Commissioners (NAIC). This is based on 17,157 policies and roughly $8 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.

Wright flood insurance state availability

Wright offers NFIP flood insurance in all 50 states and Washington, D.C., non-admitted excess and primary flood insurance in 40 states, and an admitted private flood policy option in the following 12 states: 

California, Florida, Georgia, Illinois, Maryland, Massachusetts, New Jersey, North Carolina, Pennsylvania, South Carolina, Texas, and  Virginia.

Compare flood insurance rates in your state

• California

• Florida

• Indiana

• Louisiana

• Michigan

• New Jersey

• New York

• North Carolina

• Pennsylvania

• Texas

Wright vs. NFIP flood insurance

Wright private flood insurance is an alternative to the National Flood Insurance Program (NFIP) — a federal government-backed program run by the Federal Emergency Management Agency (FEMA). The NFIP provides around 90% of residential flood insurance policies. [1]

However, the NFIP’s low coverage limits, 30-day waiting period, and minimal available coverage add-ons have made private flood insurance an increasingly popular option.

Compare Wright flood insurance to the NFIP to decide which policy makes the most sense for you:

	Wright ResiFlood	NFIP
Average annual cost	$470	$939
Maximum dwelling limit	$1 million	$250,000
Maximum personal property limit	$250,000	$100,000
Replacement cost dwelling	Included in base policy	Included
Replacement cost contents	Included in base policy	Not offered
Loss of use	Included in base policy	Not offered
Debris removal	Covered	Covered
Basement contents	Not covered	Not covered
Waiting period	0 days	30 days
Highest deductible option	$20,000	$10,000

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Learn more >> Private flood insurance vs. NFIP: Which is better?

What to expect with Wright flood insurance

• How to get a quote: You have two options for getting a Wright flood insurance quote: by calling them at 866-373-5663 or emailing them at floodmarketing@weareflood.com. 

• Customer service options: If you need to get in touch with Wright customer service, you can call them at 800-820-3242 or by emailing customerservice@weareflood.com. 

• How to file a claim: You can file a Wright flood insurance claim by calling your insurance agent directly via the number shown on your policy. You can also call Wright Flood’s general claims processing number at 800-725-9472.

• How to cancel your policy: You can cancel your Wright flood insurance policy by calling your agent at the number provided on your policy declarations page.