Irene-Like Flooding Also Common In Colorado

Devastation from floodwater along the East Coast is a good reminder that home insurance policies likely won’t cover flood damages.

In Colorado, areas near wildfire burn scars are especially vulnerable. In 2006, steady rain over a period of a few days caused flash flooding which washed away Colorado Highway 67.

Snowmelt is also a big factor in creating flash flooding. Spring and summer are usually the seasons with the most flooding incidents.

According to the National Flood Insurance Program, floods are the most common natural disaster in the United States. They’ve caused nearly $2.7 billion in U.S. flood losses since 2001.

The NFIP also suggested getting a Preferred Risk Policy if you live in a low- to moderate-risk area for flooding. According to their records, a flood policy can be as cheap as $129 a year.

Here’s a link to frequently asked questions provided by the NFIP.