Sunday, February 10, 2013

Top 6 Myths About Flood Insurance | Synopsis

Top 6 Myths About Flood Insurance

Maryland Flood Plain Map
Maryland Flood Plain Map by Frederick Md Publicity
License (according to Flickr): Attribution License
Excerpt:

As Hurricane Sandy make its way along the Atlantic Coast, disaster experts are reminding U.S. residents that flooding is the country's number one natural hazard, according to the National Flood Insurance Program, which Congress created in 1968. Meteorologists were calling Hurricane Sandy an "extra-tropical cyclone" on Friday when it was a category 1 storm. When Hurricane Isaac came ashore in the Gulf Coast in August, its strength as a Category 1 hurricane was weaker than that of Hurricane Katrina, which hit seven years ago. But in both storms, flooding was the main cause of damage. Many people don't realize until it's too late that flooding may not be covered by their regular homeowner's policy. Here are six myths about natural disaster insurance that the National Flood Insurance Program (NFIP) and other insurance experts try to dispel.

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Judith Spry

Overall Sentiment: 0.149929

Relevance: 0.552796

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Organization: NFIP

Overall Sentiment: 0.121706

Relevance: 0.946314

NaturalDisaster: Hurricane Isaac

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NaturalDisaster: Hurricane Sandy

Overall Sentiment: -0.106377

Relevance: 0.407849

NaturalDisaster: Hurricane Katrina

Overall Sentiment: -0.226067

Relevance: 0.369415

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