County of Hawaii - Flood Awareness

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Flood Insurance

Your homeowners insurance doesn't cover floods ...Federal flood insurance does.

Floods can happen anytime, anywhere in Hawai‘i County. They can be even more devastating when victims realize the flood damage isn’t covered under their homeowners’ insurance policy.

Flooding causes more damage in the United States than any other severe weather related event, an average of $4.6 billion a year from 1984-2003.   There is a 26% chance of experiencing a flood during the life of a 30-year mortgage. You’re also five times more likely to experience flooding than fire–and most people have fire insurance! Know your risk!

Federal disaster assistance isn’t the answer. In most cases, the only aid disaster victims may qualify for is a loan, and that must be repaid—with interest!

Only Federal flood insurance reimburses you for flood damage to your property!

With one annual premium, you can protect your most important investment—your home—and your finances. Call your insurance agent or company today. Ask about the National Flood Insurance Program (NFIP).  Also ask about NFIP's content coverage. Don’t wait until it starts to rain, because there is a 30-day waiting period before flood insurance goes into effect.

FEMA manages the NFIP, which makes federally backed flood insurance available in communities that agree to adopt and enforce floodplain management ordinances to reduce flood damage.

Hawai‘i County participates in the NFIP, which makes flood insurance available to all residents and businesses.

The NFIP provides flood insurance to people who live in areas with the greatest risk of flooding, called Special Flood Hazard Areas (SFHAs). If your property is located within an SFHA you are required to purchase flood insurance as a condition of receiving a federally regulated mortgage loan. Check flood hazards before you buy. Your lender should notify you if your property is located in an SFHA and National Flood Insurance is required. If you are building in an SFHA, see Build with Flooding in Mind.

The NFIP provides up to $250,000 coverage for single-family residential buildings and up to $100,000 coverage for contents. Other residential and commercial property owners can also obtain flood insurance. Flood insurance provides coverage that most homeowners policies don’t—coverage for damage to buildings and contents from flooding, flood-related erosion, and flood-caused mudslides. This coverage from the NFIP is an asset to you as a home or business owner. It reimburses you for covered financial losses from flood damage.

For a modest annual premium, you can have peace of mind that you will be paid for your eligible losses. The average annual premium for flood insurance is around $400 per year. Compare that to disaster loan payments that, with interest, could amount to over $300 per month!

There’s no better way to save for a rainy day!

To learn more about the National Flood Insurance Program and flood insurance, call 1-800-427-4661 or contact your insurance company or agent.

If you don’t have an agent, call 1-888-435-6637 for an agent referral (TDD 1-800-427-5593).