Flood: Understanding and Recovering from One of Nature's Worst Disasters



...coverage. For a detailed analysis, it is necessary to carefully review policy language.

Although flood insurance claims may seem more complicated, they work much like other claims under property insurance policies. The real challenge lies in the unique nature of flood damage, as well as in how to deal with flood adjusters and interpret the policy.

The National Flood Insurance Program (NFIP), administered by the Federal Emergency Management Agency (FEMA), makes federally backed flood insurance available in communities that adopt and enforce floodplain management ordinances to reduce future flood losses. Currently, more than 4.2 million policies representing $524 billion worth of coverage are in force in more than 19,000 participating communities.

The NFIP defines flooding as a general and temporary condition of partial or complete inundation of two or more acres of normally dry land or two or more properties (at least one of which is your property) from:

1 http://bsa.nfipstat.com/reports/1011.htm

National Flood Insurance Program

Total Number of Policies in Force¹

As of November 30, 2009

Policies in Force

Policies in Force — Remaining States

Alaska: 2,842 Hawaii: 58,345 Virgin Islands: 2,438 Puerto Rico: 62,628 CA 275,868 NV 16,131 OR 32,468 WA 55,820 MT 4,146 ID 7,015 UT 4,184 WY 2,660 ND 13,319 SD 4,223 CO 19,301 AZ 35,272 NM 16,403 TX 682,454 OK 16,470 KS 12,587 NE 12,004 MN 10,906 IA 15,406 MO 25,016 AR 18,626 LA 483,022 MS 76,460 AL 56,312 GA 94,825 SC 201,998 NC 135,640 TN 25,499 KY 23,113 VA 107,837 WV 21,529 IL 47,757 IN 32,353 OH 40,709 PA 66,777 NY 160,728 WI 16,055 MI 25,657 ME 8,868 FL 2,145,143