As Americans were overwhelmed by the comprehensive damage caused by Cyclone Harvey, lots of people thought seriously about flood insurance for the first time.

Flood insurance coverage is required if you reside in a location designated as a potential flood zone by the Federal Emergency Management Agency (FEMA). Nevertheless, some 20-25% of flood claims originate from moderate and low threat locations– not to discuss the influence on uninsured individuals who are impacted by floods. For example, some locations of Houston, TX, struck by Hurricane Harvey in 2017 were outdoors FEMA’s 100-year and 500-year floodplains– locations that would get flooded by the volume of rainfall that has a 1% or 0.2% chance, respectively, of falling there in any given year. In reality, it is estimated that 70% of flood damage caused by Harvey will not be covered by flood insurance. How do you identify your danger of flooding so you can …
