Flood Insurance 101

It’s National Flood Awareness Week (March 16 – 22)! Taking action to prepare for flood hazards is important no matter where you live but especially if you are in low-laying areas or near water. Since floods are one of the most common hazards in the United States, preparing for this hazard is critical.

One way to prepare is with flood insurance. Keep your head above water by learning the basics about this special coverage available for homes and businesses. Here’s what you should know:

·         Flood losses are not typically covered under renter and homeowner’s insurance policies;  

·         Flood insurance is available in most communities through insurance agents; and  

·         There is a 30-day waiting period before flood insurance goes into effect.

The National Flood Insurance Program (NFIP) is a valuable resource to learn more about your flood risk, how to find an agent, and the flood recovery process. NFIP also offers interactive ways to understand floods. Calculate the cost of flooding, watch real flood testimonials and launch a levee simulator to take your flood knowledge to the next level.  

Floods are also one of the Spring hazards featured in America’s PrepareAthon!  Soon you’ll be able to register to participate and take action for flood preparedness; but in the meantime, learn more about this grassroots campaign for action at www.ready.gov/prepare and check back often for updates!  

You can also ensure you’re prepared for floods and at the same time help others in your community affected by a disaster by joining a local Community Emergency Response Team.