Flooding is the most common natural disaster in the United States
Most homeowners insurance does not cover flood damage.
Floods and flash floods happen in all 50 states.
Just an inch of water can cause costly damage to both the home and the property.
Roughly 25% of all flood claims paid by the National Flood Insurance Program (NFIP) are for policies in low-to-moderate-risk areas.
If a home is in a Special Flood Hazard Area (SFHA), it has a 26% chance of being damaged by a flood during the course of a 30-year mortgage— compared to a 9% chance of fire.
New land development can increase flood risk, especially if the construction changes natural runoff paths.
Federal disaster assistance after a flood is usually a loan that must be paid back with interest.
What is a Flood Analysis?
A Flood Analysis is a concise, homebuyer-friendly report that shows at a glance:
An aerial view of a property.
Whether or not a property is located within a Special Flood Hazard Area (high-risk flood zone).
Whether or not a property is located within 1,000 feet of a Special Flood Hazard Area.
If the community currently participates in FEMA's National Flood Insurance Program.