Did you know flood insurance policies do not take effect until 30 days after you buy them? This means that the right time to think about your risk of flooding from melting snow and spring rains is now, before a lake forms by your front door. An inch of water in a 2,000 square foot home can cause $20,000 in damage. If your home has a replacement cost of $200,000 or less and you live in an area with a low- to moderate-risk of flooding, you can buy flood insurance for less than $400.

Additional Tips:

  • You have a 9% chance of experiencing a fire, but a 26% chance of experiencing a flood.
  • 1 out of every 4 flood losses comes from a moderate-to-low flood risk areaRing on white