Jen Meyer, CPRM, CPRIA, CISR’s Post

View profile for Jen Meyer, CPRM, CPRIA, CISR

Private Risk Consultant / Family Office Risk Management / Trusted Client Advocate - Providing expert insurance counsel and custom solutions.

90% of all natural disasters in the United States involve flooding, according to the Federal Emergency Management Agency (#FEMA). Floods have multiple sources beyond isolated weather events like #heavyrainfall. Melting ice entering a home or business can cause a flood, as can a dam or levee failure. Sadly, southern MN and surrounding areas are feeling the effects of major flooding. Three *scary* truths about flood insurance: 1. A standard homeowner's insurance policy does not provide #flood coverage. 2. You cannot depend on disaster assistance. You only get assistance when the impact is declared a #disaster. Since less than 50 percent of "floods" are declared disasters, most flood victims are on their own. 3. Paying for flood insurance is less expensive than paying back a disaster loan. Homeowners need to consider their #coverage considerations carefully with their trusted risk advisor. Partner with our team to determine your exposures, limits, and comfort with deductibles. Preparation now could impact recovery later. #mmapcs #floodcoverage #mankatoflooding #prepare

Satellite photos show dramatic flooding in Mankato, southern Minnesota

Satellite photos show dramatic flooding in Mankato, southern Minnesota

msn.com

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