With every inch of flooding, your house—and wallet—suffer dramatically.  Be prepared.

Are you ready if a storm hits our area?  Flood maps have recently changed, so you may be in a flood zone and not know it.  Also, keep in mind that last year, about 25
percent of claims paid by the National Flood Insurance Program were not in high-risk areas.  Call USAA at 800-531-8722 to find out about the risks and whether flood insurance is right for you.

Cost of Damages (for a 2,000-square-foot house):

4 ft. (of Flood Water)
– $74,580

3 ft. (of Flood Water)
– $68,100

2 ft. (of Flood Water)
– $62,880

1 ft. (of Flood Water)
– $52,220

6 in. (of Flood Water)
– $39,150

Source:  floodsmart.gov.  Estimates are for illustrative purposes only
and should not be used to estimate any actual flood loss.  A flood-certified insurance adjuster making a
room-by-room, item-by-item detailed estimate of covered flood damage is the
only estimating method approved by and acceptable to the National Flood
Insurance Program.  These estimated costs
are based on an average U.S. home of 2,000 square feet, built on a slab and
with typical household items, including furniture.  Costs vary from state to state and home to
home.

Flood insurance provided by USAA General Indemnity Company, San Antonio, TX, through an arrangement with
the Federal Emergency Management Agency.   The Federal government has financial responsibility for underwriting
losses.

(The foregoing is a reproduction of an article from the Spring 2011 Edition of USAA Magazine.)

Recommended Posts

Leave a Comment