National Flood Insurance Program
When it Rains, it Floods: The Importance of Purchasing Flood Insurance in Indiana
Flooding is one of the most common natural disasters that occur in the United States. According to the Federal Emergency Management Agency (FEMA), $273 million of FEMA flood insurance claims have been paid in Indiana since 1978. There are more than 2.3 million households in Indiana, but only 28,707 insurance policies in effect. Despite the severe financial harm flooding hazards present, only 1 percent of the state’s households are covered.
In an effort to reduce the number of homes financially devastated by flooding, the Indiana Department of Homeland Security (IDHS) and FEMA encourage all Hoosier homeowners and renters to purchase flood insurance protection. While purchasing flood insurance might seem costly, the National Flood Insurance Program (NFIP) is available to help provide citizens affordable flood insurance coverage based on the area they live in.
For more information on the National Flood Insurance Program, visit the official FEMA website: https://www.floodsmart.gov/
Identify your community’s flood risk level by using FEMA’s Flood Map Service: https://www.floodsmart.gov/why/all-about-flood-maps
Use FEMA’s “The BIG Cost of Flooding” document to determine your home’s estimated flood loss potential: https://bit.ly/2RKT3mr