“Life’s not about waiting for the storm to pass. It’s about learning to dance in the rain.”
It’s hard to believe but flood damage is more likely to occur than fire damage depending
upon where you live. Ironically, many more people are covered for fire damage than
floods. Your regular Homeowners policy does not cover flood damage.
You may not be in a high-risk flood area but could still be affected by rising water levels
due to a severe storm. Look at the strange weather patterns in the past 3 -5 years. It can, and does, happen with devastating results.
According to the National Flood Insurance Program, over the past 10 years, the average flood claim has totaled in excess of $33,000. Floods are the most common natural disaster in the United States. Nearly one-quarter of all the NFIP’s p insurance claims come from low to moderate flood-risk areas.