A recent article that I read, states that flooding is the #1 natural disaster in the United States. And more importantly, you don't have to live near water to be affected. "Regional weather systems, hurricanes and tropical storms, runoff changes from new construction and damage caused by wildfires can precipitate flooding in every region of the country." Accordingly, 20-25% of all claims come from areas with a low to moderate risk of flooding. You can only gather that the majority of these victims don't have flood insurance.
There is a really good site to check out by FEMA - http://www.floodsmart.gov/.
Flood insurance is relatively cheap and in low to moderate risk areas, homeowners can protect their property with lower-cost PRP's (Preferred Risk Policies).
This is not just something for homeowners, but also business owners & renters. Who of us can really afford to become the victim of a flood?
Until next time - Marc It Sold!