Know Your Flood Risk

| 2/24/2012

Although there isn`t much snow on the ground, North Dakotans should be aware of their flood risk. Insurance Commissioner Adam Hamm is encouraging homeowners, business owners and renters to know their flood risk when purchasing flood insurance.

The floodplain is broken down into zones. Zone A has the highest risk for flooding, yet 25 percent of all flood insurance claims are paid out to policy holders in lower risk zones.

Hamm says the most important thing is to find out what zone your property is.

Floodplain maps can be found at the FEMA website.

Hamm says consumers should remember there is a 30-day waiting period before flood insurance kicks in.

COMMENT ON THIS STORY