Flood vents grow in use along Conn. coastline - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Property and Casualty News RSS Get our newsletter
Order Prints
December 1, 2024 Property and Casualty News
Share
Share
Tweet
Email

Flood vents grow in use along Conn. coastline

Alexander SouleThe Greenwich Time

After a welcome spate of rain to quench Connecticut brush fires, some are thinking ahead to the next time the immediate peril is a wall of water -- by renovating their foundations to let flood waters in, to save the house itself.

Since the destruction of the 2012 storm Sandy, coastal property owners from Greenwich to Stonington have been installing flood vents in foundations, with a number of applications for approval currently before municipal zoning officials. The Federal Emergency Management Agency requires flood vents for newly built or raised houses most at risk of flooding to qualify for coverage under the National Flood Insurance Program, with Connecticut adjusting its building code after Sandy to incorporate flood vents, and municipalities following suit.

Equipped with louvers that automatically allow floodwater to flow into and out of basements, crawl spaces and garages, flood vents are designed to equalize the hydrostatic pressure of standing water -- or the hydrodynamic onslaught of rushing water -- on the exteriors of foundations.

By allowing water into a basement and garage, FEMA says the odds are heightened a home will stay structurally intact during a flood, limiting costs to the cleanup and remediation rather than the prospect of a full reconstruction at a cost of hundreds of thousands of dollars. Connecticut policy claims have averaged about $18,700 over the life of the flood insurance program, which is up for reauthorization next month by Congress.

FEMA acknowledges flood vents are unlikely to help a home avert catastrophe in any event involving "high-velocity flood flow and wave action" such as the torrents that coursed through Oxford, Seymour and Southbury during August flash floods. And with flood vents installed a foot above base flood elevations, in many cases houses must have their foundations elevated to meet program requirements.

"Every time we have done a retrofit in adding them, it was involved in a house lift too," said Ryan Fletcher, CEO of Norwalk-based Fletcher Development, which has undertaken a number of projects along Long Island Sound, including new construction.

In addition to raising the foundation, retrofitting a home for flood vents can be an expensive proposition in other ways, including the cost of elevating furnaces and other electrical systems that are located in the basement to utility spaces above flood stage, and upgrading flooring and walls to water-resistant materials.

Letting floodwaters into a house also can let in contaminants, lengthening the period of time that a family has to live somewhere else while remediation is completed, adding to the total cost of a flood.

Still, FEMA offers discounts on flood insurance for properties equipped with flood vents -- in some instances at big-enough discounts for the savings to pay for the cost of installation. And some states include flood vents as eligible for grants to gird houses against the risk of floods, including New York under its Resilient Retrofits program.

Seymour-based Connecticut Basement Systems has installed a number of flood vents over the past decade-plus in Connecticut, but infrequently according to CEO Larry Janesky. The company uses vents from New Jersey-based Smart Vent.

"I've been in the business 40 years and I've never seen a foundation that failed because there was floodwater on the outside and not on the inside. Everything we do is to keep basements dry, so it's totally counterintuitive to us," Janesky said. "But if someone says, 'Hey, I can save money on my insurance and over time I can save more than the flood vents cost,' OK, then fine."

Includes prior reporting by Ken Dixon.

Older

A look at how tariffs, deportations and more of Trump’s proposals could affect housing costs

Newer

Insurance dropped even with upgrades

Advisor News

  • Flexibility is the future of employee financial wellness benefits
  • Bill aims to boost access to work retirement plans for millions of Americans
  • A new era of advisor support for caregiving
  • Millennial Dilemma: Home ownership or retirement security?
  • How OBBBA is a once-in-a-career window
More Advisor News

Annuity News

  • Great-West Life & Annuity Insurance Company Trademark Application for “EMPOWER BENEFIT CONSULTING SERVICES” Filed: Great-West Life & Annuity Insurance Company
  • 2025 Top 5 Annuity Stories: Lawsuits, layoffs and Brighthouse sale rumors
  • An Application for the Trademark “DYNAMIC RETIREMENT MANAGER” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Product understanding will drive the future of insurance
  • Prudential launches FlexGuard 2.0 RILA
More Annuity News

Health/Employee Benefits News

  • Illinois extends open enrollment deadline for health care plans
  • Researchers from Michigan State University Report Details of New Studies and Findings in the Area of Managed Care (Short Report: Disparities In Hours of Applied Behavior Analysis Services for Medicaid-enrolled Autistic Youth): Managed Care
  • SENATORS: TRUMP AND CONGRESSIONAL REPUBLICANS' BUDGET BILL THREATENS ESSENTIAL MENTAL CARE FOR NEARLY 800 MALHEUR COUNTY RESIDENTS ENROLLED IN THE OREGON HEALTH PLAN
  • New consumer laws are coming soon to Florida — and they may affect you
  • Thousands cancel health insurance plans on exchange ahead of subsidies ending
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • 2025 Top 5 Life Insurance Stories: IUL takes center stage as lawsuits pile up
  • Private placement securities continue to be attractive to insurers
  • Inszone Insurance Services Expands Benefits Department in Michigan with Acquisition of Voyage Benefits, LLC
  • Affordability pressures are reshaping pricing, products and strategy for 2026
  • How the life insurance industry can reach the social media generations
More Life Insurance News

- Presented By -

Top Read Stories

  • How the life insurance industry can reach the social media generations
More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet