Thanks for agreeing with me, but many of your statements (and several others' posts) are incorrect. As I stated in my post Central Mutual is one carrier that offers private flood insurances directly endorsed to the homeowners policy:
Central Mutual FloodPURE insurance offers a private flood policy, separate from their homeowners, but then offers the ability to endorse excess flood to the homeowners policy. Other carriers have similar offerings.
In addition there are several private companies offering flood insurance with similar terms/coverage as the NFIP, but not underwritten through NFIP, one group we work with is NFS EZ Flood:
NFS Edge EZ Flood And something everyone should be familiar with is the insurance industry standard definition of flood:
"A flood is a general and temporary condition where two or more acres of normally dry land or two or more properties are inundated by water or mudflow."So just because you have rising waters come through your home, it may not be defined as a flood if it's not affecting your neighbor, or a larger area. It would likely fall under your coverage for water backup of sewers and drains. And a word of warning there, many policies have pretty low sub-limits for this coverage, while some offer up to the policy (Dwelling) limits. If you live in a house where water naturally drains back to the house ponding and potentially causing water to come into your home, but doesn't affect your neighbors similarly, check your water backup of sewers and drains coverage.