1 Inch of Water = $25,000 Damage -- Here's How Kane Residents Can Get FEMA Flood Insurance

1 Inch of Water = $25,000 Damage — Here’s How Kane Residents Can Get FEMA Flood Insurance

  • Editor’s Note: This article was contributed by Anne Wilford, stormwater manager for the Kane County Division of Environmental and Water Resources.

Did you know that just 1 inch of water can cause $25,000 of damage to your home?

Experiencing a flood can be both emotionally and financially devastating. Floods are the most common natural disaster and the most costly natural disaster for the country. Ninety percent of all natural disasters in the U.S. involve flooding. High-risk flood areas are not the only ones at risk, about 25% of flood insurance claims come from moderate-to low-risk areas.

The National Flood Insurance Program provides insurance to help reduce the socio-economic impact of floods. The National Flood Insurance Program is managed by the Federal Emergency Management Agency and is delivered to the public by a network of approximately 60 insurance companies and the NFIP Direct.

Having a flood insurance policy is one way to protect yourself from financial losses. Federal flood insurance is available in communities where the local government has adopted adequate floodplain management regulations under the NFIP.

Kane County is a participating community in the NFIP and everyone in Kane County is eligible to buy flood insurance. You do not need to live in a high-risk flood area to purchase flood insurance. Homeowners, renters and businesses can all purchase flood policies.

If you would like to know more about the NFIP and Flood Insurance, FEMA is hosting a webinar. The NFIP offers flood insurance to help you protect the life you’ve built and recover more quickly after a flood. Whether you would like to understand more about the flood insurance you have or you are considering purchasing flood insurance for the first time, consider attending this webinar.

FEMA Region 5’s Flood Insurance Liaison is offering two opportunities to learn more about flood insurance and the National Flood Insurance Program.

This webinar will discuss introductory concepts of the National Flood Insurance Program including:

  • Flood risk
  • Flood insurance compared to disaster assistance
  • Brief overview of participation requirements, Elevation Certificates (ECs), and Letters of Map Change (LOMC)
  • Purchasing flood insurance and premiums
  • Claims and appeals

National Flood Insurance Events

FEMA Civil Rights Notice For Members of the Public

“The meeting/training site is required to be fully accessible to people with disabilities and the electronic version of meeting or training materials will be accessible to people with disabilities. If you need a reasonable accommodation (sign language interpreters, Braille, CART, etc.), please make your request at least 48 hours before the event. Last minute requests will be accepted but may not be possible to fulfill. Send an e-mail to FEMA-R5-NFIPOutreach@fema.dhs.gov.”

For More Information

To learn more about flood insurance and the National Flood Insurance Program, visit www.floodsmart.gov.