WHAT YOU SHOULD KNOW ABOUT FLOOD INSURANCE

Flood Insurance


What you should know:

• Flood losses are not typically covered under renter and homeowner’s insurance policies.
  
• FEMA manages the National Flood Insurance Program (NFIP), which makes federally-backed flood insurance available in communities that agree to adopt and enforce floodplain management ordinances to reduce future flood damage.
• Flood insurance is available in most communities through insurance agents.
• There is a 30-day waiting period before flood insurance goes into effect, so don’t delay.
• Flood insurance is available whether the building is in or out of an identified flood-prone area.

What you can do:

• Find out if your home or business is at risk for flood and educate yourself on the impact a flood could have on you and your family. FEMA's Flood Insurance Study compiled statistical data on river flows, storm tides, hydrologic/hydraulic analyses, and rainfall and topographic surveys to create flood hazard maps that outline your community's different flood risk areas.
• Talk to your insurance provider about your policy and determine if you need additional coverage.
• Contact the NFIP. They can help provide a means for property owners to financially protect themselves if additional coverage is required. The NFIP offers flood insurance to homeowners, renters, and business owners if their community participates in the NFIP. To find out more about the NFIP visit www.FloodSmart.gov.

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