The flood waters of this year have subsided – for now. However, flood insurance is still on everyone’s mind. Let me first give you some links to stories you should read:
- The SF Chronicle reports on problems small businesses are having in getting their claims moving.
- KXTV in Sacramento reports on people trying to get flood insurance now that they have seen the damage caused.
- UPN 31 in Sacramento has a short story on repair tips.
- The SF Chronicle has an editorial on the need for California to prepare for worse storms.
- Finally, the Fresno Bee has a story on flooding in Fresno (I didn’t even know it flooded there until I read the story!) and the lack of people in the Central Valley who have flood insurance.
Some other things to remember about flood insurance:
- There is a 30 day waiting period before it goes into effect.
- You MUST obtain flood insurance in certain areas. Ask if you are in one of those areas if you are buying a new house.
- There are limits on what is covered. Read your policy carefully.
- Make sure you are buying flood insurance from the NFIP – National Flood Insurance Program. I expect con artists to try to sell fake flood policies soon.
These tips should help you when the next rains come, and they will come soon!