Westfield expands flood protection options for homeowners
P&C insurance company Westfield Insurance is expanding its protection options for homeowners by offering an inland flood coverage add-on designed to help reduce the insurance gap for those living outside historical high-risk flood zones.
Developed in collaboration with a global reinsurance company, this coverage helps homeowners recover from flash floods, “which are increasingly impacting areas previously considered low risk.”
As part of its broader commitment to flood resilience, Westfield is donating $750,000 to the Center for Disaster Philanthropy (CDP) to support flood recovery and mitigation efforts. This latest gift brings Westfield’s total contributions through CDP to more than $3.5 million since 2016, reinforcing the company’s dedication to helping communities rebuild after disasters.
“With increasingly unpredictable weather patterns, flooding is no longer confined to FEMA-designated high-risk areas. This coverage can enable homeowners’ peace of mind and financial stability in the face of evolving flood risks. As floods increasingly impact communities, Westfield is committed to providing innovative insurance solutions and supporting recovery efforts.” – Butler, AVP, personal lines product management and underwriting at Westfield.