Flooding can happen anytime and anywhere. More than 20 percent of The National Flood Insurance Program’s claims come from outside of high-risk flood areas. Even if you live in an area with low-to-moderate flooding risk, protecting the life you have built with flood insurance is crucial.
Flood insurance offers financial protection to homeowners should a flood damage their home and personal belongings. Flood Insurance is separate from a standard homeowners insurance policy and hazard insurance, which cover other natural disasters, like tornadoes and hurricanes.
90% of all-natural disasters in the United States involve flooding, and flood damage frequently strikes in low or moderate-risk areas. No home is entirely safe from the possibility of flooding. Unexpected water damage can cost a lot of money to repair your home or property. According to the Federal Emergency Management Agency (FEMA), just one inch of water can cause up to $25,000 in damage. In some cases, flood insurance can mean the difference between recovery and financial ruin.