Flooding…you never know when to expect!
September 6, 2016
Flooding can happen just about anywhere when you least expect it, even in the desert! As remnants of Tropical Storm Javier swept through the Southwest in early August, Tucson was heavy hit with flash floods as reported by the Associated Press. Most recently, the devastation in Louisiana has affected over 50,000 homes and of those a very small percentage carry flood insurance.
Floods are the #1 natural disaster in the United States and even areas outside of those typically subject to flooding can be vulnerable. According to the NFIP (National Flood Insurance Program), people outside of the mapped high-risk flood areas file over 20-percent of all National Flood Insurance Program flood claims and receive one-third of Federal Disaster Assistance for flooding. The NFIP paid more than $345 million in flood insurance claims to all policyholders in 2014. Read more statistics.
There is much you can do ahead of time to minimize the loss your business or home will sustain in the case of a flood. First you must have an emergency plan in place. Use the checklists below to help you get started or add to your existing emergency plan.
Flood Preparedness
- Floods – Know the Risks
- Before a flood procedures
- During a flood procedures
- Flood Warning Period checklist
- Post flood procedures
Most commercial and residential property policies exclude flood as a covered cause of loss. A separate policy must be purchased to protect you from resulting damage. Don’t wait until the last minute to buy flood insurance! There is a 30-day wait period for new flood insurance policies to go into effect. At the Armstrong Company Insurance Consultants we strive to educate our clients through risk assessment and mitigation methods including; disaster preparedness, proper insurance coverage, and loss remediation. Contact us today! We are always here to be of service to you!