Private insurance companies and the federal government recognized that their association would improve the overall success of the program. Accordingly, insurance companies administer the program, but the federal government funds the insurance.
25% of homes with flood claims each year are in low risk zones.
Voluntary flood insurance policies are not enforced until 30 days after purchase.
The physical effects of mold contamination, which range from irritating symptoms akin to seasonal allergies to death, continue to gain national recognition and scientific support. Click here to find out more about mold and how to ensure that your home and property are safe to live in.
There are some homeowner endorsements that will cover a back-up or overflow of sewers or drains or a sump-pump. These type losses sometimes do occur during flooding events. These endorsements will often have dollar limits substantially less than the flood policy