basement flooding

1/18/2017 (Permalink)

flooding

• Floods are the #1 natural disaster in the United States.
• From 2011 to 2015, the average flood claim amounted to more than $46,000.
• From 2006 through 2015, total flood insurance claims averaged more than $1.9 billion per year.
• In 2015, the average policy premium was nearly $700.
• Even though flood insurance isn't federally required, anyone can be financially vulnerable to floods. In fact, people outside of mapped high-risk flood areas file more than 20 percent of all National Flood Insurance Program flood insurance claims and receive one-third of Federal disaster assistance for flooding.
• The NFIP paid more than $839 million in flood insurance claims to all policyholders in 2015.
• 2015 CLAIM REPORT FOR THE TOP 10 STATES

Texas9,670

South Carolina3,715

Florida1,079

New Jersey 1,045

Kentucky 1,034