Flood Insurance

Q: Does your homeowners insurance policy cover you in the event of flooding?
A: No.

• Homeowners insurance does NOT cover flooding
• Flood insurance is obtained through the government's flood insurance program (FEMA)
• Flood insurance does not cover the basement of a house
• Flood insurance covers a lifetime maximum of $250,000 in coverage
  This means if you make a claim for $150,000 the maximum coverage for the life of the property drops to $100,000.

WARNING: Do not buy real estate on or near floodplain.
Do not invest in real estate that is located near floodplain. Make sure your property has land ingress and egress from the closest 1,000-year-floodplain. Do not invest in any property located near a coast. Do not invest in a property that is below sea level. Do not invest in real estate located in Florida. Thus, our recommendation to evacuate Florida now (i.e. Managed Retreat). -- Daniel Brouse (February 4, 2018)

"Mostly stay away from the coasts because of both wind and rain issues from weather systems spinning inland. Even if you are not in a floodplain, a couple feet of rain in a day will cut off roads and overwhelm your sump pumps. Not to speak of wind taking power and telecom down." -- Sidd Mukerhjee (February 5, 2018)

Flood Insurance News

The Age of Loss and Damage
Insurance Cost and Availability
The Reign of Violent Rain
Atmospheric Rivers
Measuring Sea Level Rise, Storm Surge, and Gravity
Sea Level Rise: Then and Now
Home insurers cut natural disasters from policies as climate risks grow (Insurance, and the Lack Thereof)
Climate Change Impacts on Flood Risks and Real Estate Values
Real Estate Underwater: A Florida Climate Change Case Study
Do I Need Flood Insurance?
Real Estate Isolation and Climate Change: Stranded on an Island
Managed Retreat: Relocating Due to Climate Change Extreme Weather Events
FEMA Flood Insurance Risk Rating 2.0
Rising Sea Levels: 100's of 1,000's of Buildings in Danger of Submerging by 2050
Flood Risks Across the USA Seriously Underestimated
Extreme Rainfall-surge Hazard Risks
Climate Change: Suspension Of Belief
Climate Denial and Climate Change Change
Underwater: Sea Level Rise
Disaster on the Horizon: The Price Effect of Sea Level Rise
Climate Change And Credit
Real Estate and the Rising Sea Level
Floridians: You're At Risk of Flooding
Top 5 Risks
How Do We Handle Flood Risk?
Senegal Forecasts Climate Change Changes
Biloxi-Chitimacha-Choctaw Indians Climate Change Refugees
Atlantic City Going Under
Biggert Waters Flood Insurance Reform Act of 2012
Flood Insurance Reform 2011
About Flood Insurance
Who Pays For Flood Losses?
Floodplain Maps Force Towns Into Tricky Waters
Head of the Federal Flood Insurance Program Resigns
Sacramento And FEMA Fight On Flood Insurance