Federal flood maps² underestimate the risk of flooding by almost
68%.
is the average waiting period before flood coverage takes effect.⁴
40%
of flood insurance claims come from outside mapped high-risk areas.³
Federal flood maps² underestimate the risk of flooding by almost
68%.
is the average waiting period before flood coverage takes effect.⁴
40%
of flood insurance claims come from mapped high-risk areas.³
FLOODING IS THE MOST COMMON AND COSTLY DISASTER IN THE US.14
Are you flood ready?
TRUE
FALSE
According to the 2023 National Hydrologic Assessment from the National Weather Service, approximately 146 million people are at risk for flooding in their communities this spring.5
TRUE
FALSE
Standard flood insurance through the NFIP has eligibility requirements and numerous exclusions. NFIP specifically excludes financial damages caused by business interruption.6
TRUE
FALSE
Research shows nearly twice as many properties may be susceptible to flood damage than previously thought.7
TRUE
FALSE
TRUE
FALSE
TRUE
FALSE
TRUE
FALSE
Even if you’re not in a high-risk zone, you need flood insurance. Following Hurricane Harvey, the average NFIP claim payment was $110,000.11
TRUE
FALSE
TRUE
FALSE
Download our Flood Insurance Fact Sheet.
Download our Flood Insurance Fact Sheet.
Are you flood ready?
Question 1 of 9
Only US states bordering the large bodies of water are at risk of flooding this year.
TRUE
FALSE
Correct!
According to the 2023 National Hydrologic Assessment from the National Weather Service, approximately 146 million people are at risk for flooding in their communities this spring.5
Question 2 of 9
Flood insurance through the NFIP will cover business interruption.
TRUE
FALSE
Correct!
Standard flood insurance through the NFIP has eligibility requirements and numerous exclusions. NFIP specifically excludes financial damages caused by business interruption.6
Question 3 of 9
If my business falls outside FEMA’s 100-year floodplain (Special Flood Hazard Area), I don’t need to worry about flooding.
TRUE
FALSE
Correct!
Research shows nearly twice as many properties may be susceptible to flood damage than previously thought.7
Question 4 of 9
Only about half of the counties in the United States are at risk from flood damage.
TRUE
FALSE
Correct!
In fact, 99% of US counties are impacted by flooding.8
Question 5 of 9
If your business operates in a low- to-moderate flood risk area, flood insurance isn’t necessary.
TRUE
FALSE
Correct!
Just because flood insurance isn’t federally required doesn’t mean your business isn’t at significant risk. Businesses located outside a high-risk area still face flood risk. In fact, about 40% of flood damage claims come from outside high-risk areas.9
Question 6 of 9
My commercial property insurance includes flood coverage.
TRUE
FALSE
Correct!
Damage from flooding, including flooding generated by hurricane-generated storm surge, typically isn’t covered under a standard commercial policy, including a Commercial Package Policy (CPP) or a Business Owners Policy (BOP).10
Question 7 of 9
Purchasing flood insurance is more cost-efficient than risking flood damage.
TRUE
FALSE
Correct!
Even if you’re not in a high-risk zone, you need flood insurance. Following Hurricane Harvey, the average NFIP claim payment was $110,000.11
Question 8 of 9
Only 10% of small businesses close after a flood.
TRUE
FALSE
Correct!
In fact, 40% of businesses do not reopen following a disaster, and another 25% fail within one year.12
Question 9 of 9
I can wait until the last minute before a major weather system threatens flooding in my area to purchase flood insurance.
TRUE
FALSE
Correct!
There’s generally a 30-day waiting period before flood coverage becomes effective under the standard flood insurance policy available through the NFIP. That means you can’t wait until the storm clouds are gathering before buying flood coverage. It’s important to have coverage in place when the flood happens.13
Thanks for taking our quiz!
Want to learn more?
Download our Flood Insurance
Fact Sheet.