Recent storms are wakeup call about flood insurance
That was the message from insurance as well as state and federal emergency officials on
During a two-hour forum on the issue with members of the legislative Insurance and
"The existing marketplace is handling the needs and the risks of
He stressed that whether or not a home is in a designated flood zone, it may still sustain water damage. "If you're in a flood zone you have to have flood insurance for your mortgage, but even if you're not, no one is free from the risk of flood in this entire state," George said. "It is paramount that people consider purchasing flood insurance either through the National Flood Insurance Program or through a private carrier regardless if you're in a flood plain. And it's much more affordable if you're not in a flood zone."
The
He said since its creation the National Flood Insurance Program, a public-private partnership with governments agencies, homeowners and insurers, said that currently there is about
Most homeowners' policies do not cover flood damage, Kinerney said.



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