FAQs

Financial loss when a representation or warranty in the purchase agreement proves inaccurate after the deal closes.

Often yes. Flood policies commonly have a waiting period before coverage takes effect, so it is worth arranging coverage before a storm is forecast.

Possibly. Much of California’s flood risk is outside mapped high-risk zones, so coverage can still be worth carrying.

Not automatically. Private policies can offer higher limits and broader terms, but the right choice depends on your property, budget, and eligibility. We compare both.

No. Flood is excluded from standard home and commercial property policies and must be covered separately.

Yes. Commercial, habitational, and higher-value property owners frequently use DIC to build earthquake, flood, and other catastrophe coverage around their property.

No. It works alongside your primary policy or a FAIR Plan policy, filling the gaps rather than replacing the base coverage.

Often yes. The FAIR Plan is primarily fire coverage, so a DIC policy is commonly added to restore liability, theft, water damage, and other protections a standard policy would ...

Yes. Many commercial earthquake and DIC programs can include business income and extra expense, so a quake does not just damage the building but also protects against the income ...

Not exactly. A DIC policy can include earthquake and flood, but it is a broader form that adds several excluded perils, and its terms may differ from a standalone ...