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Article: Let's Prove We Learned From Katrina And Buy Flood Insurance
- Article from:
- The Washington Post
- Article date:
- May 11, 2006
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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It's hard to forget last year's hurricane season and the lessons
we all should have learned from it.
One of the chief lessons for both homeowners and renters: Consider
getting flood insurance.
Here are two facts I bet you didn't know: Floods occur in all 50
states. And most homeowners insurance does not cover flood damage.
Here's another fact you may not have realized: The Atlantic
hurricane season begins June 1. It's important to remember that date
because flood insurance requires a 30-day waiting period to take
effect. This means that if you have damage from a flood, you'd better
hope and pray that your policy was put in place 30 days before the
damage, or you are not covered.
Only about ...