The Texas Homeowners Policy affords no protection from flooding. Only homeowners who have National Flood Insurance may recover from damages caused by rising waters. This Federally subsidized insurance is available under specific conditions in qulaifying communities. This is quoted from Judon Fambrough’s article published in The Real Estate Center Journal October 2002. He is an attorney, a member of the State Bar of Texas, and Senior Lecturer with The Real Estate Center at Texas A&M University. To read the entire article as a pdf document please follow the link below. It’s a great article about Flood Insurance for Homeowners.