According to the Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program(NFIP), over 5.5 million people currently hold flood insurance policies in more than 20,500 communities across the U.S. Homes built in areas deemed to be “Special Flood Hazard Area” (SFHA) are required by law to maintain flood insurance in order to be eligible for a federally backed loan.
Over the past ten years, new land development has increased the risk of floods, hence the increased demand for flood insurance. Additionally in the past ten years, flood losses in the United States averaged approximately $2.4 billion each year.
Floods and flash floods happen in all 50 states, and just an inch of water can cause tremendous damage to a home or business. FEMA’s flood information site states that “everyone lives in a flood zone” – it’s just a matter of whether your flood risk is low, moderate or high.
If you’ve ever experienced water damage, you understand how important flood insurance can be. The last thing you want to deal with is an insurance company giving you the run around. The success of your claim is imperative to restoring your home and belongings, and getting your life back in order as quickly as possible.
If you have an insurance claim because of water damage, you need a lawyer with a proven track record for fighting insurance companies and for making them pay claims. For a free and confidential case evaluation, call 888-997-5170, or fill out the contact form found on this page and throughout our site.