NASHVILLE, Tenn. (WTVF) – A flood watch will go into effect Tuesday afternoon through Wednesday morning for the entire viewing area of NewsChannel 5.
Many people worry about the threat and just one inch of flood water can cause up to $25,000 in damages.
Most home insurance does not cover flood damage. Flood insurance is a separate policy that can cover buildings, building contents, or both. So it’s important to protect your most important financial assets – your home, your business, your possessions.
FEMA reports that between 1996 and 2019, 99% of US counties were affected by at least one flood, so this is a common natural disaster.
FEMA manages the national flood insurance program and it is issued to the public by a network of more than 50 insurance companies.
The program provides flood insurance to homeowners, renters and businesses, and this coverage helps them recover faster when floodwaters recede.
The program works with communities required to adopt and enforce floodplain management regulations that help mitigate the effects of flooding.
Homes and businesses in high risk flood zones with mortgages from government-backed lenders are required to have flood insurance.
If you want to know more about the flood risk in your area, click here.