Madison, Wis. (June 26, 2014) — Even if you feel you live in a community with a low risk of flooding, remember: Anywhere it rains, it can flood. Just because you haven’t experienced a flood in the past, doesn’t mean you won’t in the future. Flood risk is based on history, rainfall, topography, flood-control measures, river-flow and tidal-surge data, along with changes due to construction and development.
In other words, where it rains, it can pour – and flood. Did you know you don’t have to live in a flood plain to be at risk from flooding? Flooding can occur at any place and at any time. With recent heavy rains in Minnesota, communities lying to the south along the Missouri and Mississippi rivers should be aware of higher water levels and take steps to protect their property.
The Federal Emergency Management Agency (FEMA) manages the National Flood Insurance Program (NFIP), which makes federally backed flood insurance available in communities that agree to adopt and enforce flood-plain management ordinances to reduce future flood damage.
Flood insurance is available in most communities through insurance agents and is available whether the building is in or out of an identified flood-prone area. But, there is a 30-day waiting period before flood insurance goes into effect. So when the river is cresting, that’s not the time to buy.
However, the Insurance Institute for Business and Home Safety offers valuable tips for protecting your home before and after a flood to minimize damage.
Prepare – When flooding is imminent
Respond – If time allows
Recover – After a flood
Acting quickly can increase the chance of salvaging usable materials; reduce the amount of rust, rot and mold that might develop; and limit the likelihood of structural problems. - See more at: http://www.amfam.com/learning-center/my-home/flood-preparation.asp#sthash.WpIkyMwE.dpuf.
Based in Madison, Wis., American Family Insurance offers auto insurance, homeowners insurance, life insurance, health insurance, business and farm/ranch insurance in 19 states. American Family insurance is the nation’s third-largest mutual property/casualty insurance company and ranks 373rd on the Fortune 500 list. Web: www.amfam.com; Facebook: www.facebook.com/amfam; Twitter: www.twitter.com/amfam; YouTube: www.youtube.com/amfam.
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