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, and Indiana experienced 230 flooding or heavy rain events in 2019 alone. 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 2.5 million households in Indiana, but only 21,282 insurance policies in effect, per FEMA. 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.