Why care about flooding?
Floods are not only time consuming, but it can also lead to very expensive damage to one’s property.
According to FEMA, floods are the most common natural disaster in the United States. They’ve caused nearly $2.7 billion in U.S. flood losses in the last 10 years (2001-2010). There is a 26 percent chance of experiencing a flood during the life of a 30-year mortgage in high-risk flood areas. However, losses due to flooding are not covered under typical homeowner's and business insurance policies.
Main causes of flooding are:
- Hurricanes and tropical storms cause floods that can create far more damage than high winds.
- Nor'easters, or extra-tropical cyclones, also cause flooding and storm surge.
- Heavy rains, winter storms, and spring thaws bring flooding to river basins.
- Overburdened or clogged drainage systems lead to property damage both within and outside floodplains.
- Construction and new development affect natural drainage and create new flood risks.
As hurricane season arrives, you should prepare for anything; knowing that floods do happen in our area is very important because sometimes we overlook nature and its catastrophes. Awareness on the causes and effects of floods are key to the security of you and your belongings.
Certified NFIP Flood Agents
Credit to: floodsmart.gov & Greenwich Independent Insurance