Many people mistakenly believe that their homeowners insurance covers flood damage. Only flood insurance financially protects buildings and contents in the event of a flood, which is the nation’s most common and costly natural disaster. However, it typically takes 30 days for a new flood insurance policy to take effect, so residents and renters should not wait for a storm to strike before purchasing coverage. It only takes a few inches of water in a home or business to cause thousands of dollars of damage. The time to get protected is now.
With federally backed flood insurance, citizens have an important financial safety net to help cover costs to repair or rebuild if a flood should strike. Individuals can learn more about flood risk and their options for insurance coverage by visiting FloodSmart.gov or by calling 1-800-427-2419.
FEMA’s mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain, and improve our capability to prepare for, protect against, respond to, recover from, and mitigate all hazards.