Flood Insurance

What is commonly referred to as the “100-year flood” is a flood event that has a one percent chance of occurring in any given year. However, that doesn’t mean that it will only occur once every 100 years. An easier way to think of the risk associated with a “100-year flood” is in terms of a 30-year mortgage. A home located within the “100-year floodplain” has a 26 percent chance of flooding during a 30-year mortgage!

Damages to your home from flooding can be very expensive, but flood insurance can protect you. Flood insurance can cover your home and its contents, as well as help cover repair costs to get you back to normal. To purchase flood insurance, call your insurance company or insurance agent (the same person who sells your home or auto insurance). If your community participates in the National Flood Insurance Program, you can get federally backed flood insurance.

To learn more about flood insurance, the National Flood Insurance Program, and how to make a claim, visit floodsmart.gov.

30-Day Waiting Period

To prevent people from buying flood insurance at the last minute, the National Flood Insurance Program requires a 30-day waiting period between the day that you buy the policy and the day that it goes into effect. Don’t wait for a warning about a possible heavy rainfall event or hurricane to purchase insurance. Be prepared!