· Floods and flash floods happen in all 50 states.
· Everyone lives in a flood zone.
· Most homeowners policies do not cover flood damage.
· If you live in a Special Flood Hazard Area (SFHA) or high-risk area and
  have a Federally backed mortgage, your mortgage lender requires you
  to have flood insurance.
· An inch of water can cause costly damage to your property.
· Flash floods often bring walls of water 10 to 20 feet high.
· A car can easily be carried away by just two feet of floodwater.
· Hurricanes, winter storms, and snowmelt are common (but often
  overlooked) causes of flooding.
· New land development can increase flood risk, especially if the
  construction changes natural runoff paths.
· Federal disaster assistance is usually a loan that must be paid back
  with interest. For a $50,000 loan at 4% interest, your monthly
  payment would be around $240 a month ($2,880 a year) for 30 years.
  Compare that to a $100,000 flood insurance premium, which is about
  $400 a year ($33 a month).
· If you live in a low-to-moderate risk area and are eligible for the
  Preferred Risk Policy, your flood insurance premium may be as low as
  $119 a year, including coverage for your property's contents.
· You are eligible to purchase flood insurance as long as your
  community participates in the National Flood Insurance Program
· It takes 30 days after purchase for a policy to take effect. Therefore, it
  is important to buy insurance before the floodwaters start to rise.
· Your home has a 26% chance of being damaged by a flood during the
  course of a 30-year mortgage, compared to a 9% chance of fire.
· Last year, one-third of all claims paid by the NFIP were for policies in
  low-risk communities.
· The average annual U.S. flood losses in the past 10 years (1994-
  2004) were more than $2.4 billion.
· When your comsmunity participates in the Community Rating System
  (CRS), you can qualify for an insurance premium discount of up to
· The NFIP awarded over $16 billion in flood claims in 2005.
· Since 1978, the NFIP has paid $31.4 billion for flood insurance claims
  and related costs (as of 3/31/06).
· Over 5 million people currently hold flood insurance policies in more
  than 20,200 communities across the United States.

Reference: National Flood Insurance Program
Not all of the products or services described on this Web Site are available in all geographic areas of the United States.
You may not be eligible for all of the products or services described in this Web Site.
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