Only flood insurance covers flood damage

Many things can cause a flood. Heavy rain typically comes to mind, and melting snow is a risk when frozen ground can’t absorb the meltwater fast enough.  But new land development can also be to blame, especially if the construction changes natural runoff paths.

All floods have one thing in common - misery

Dealing with the cleanup after a flood is one thing, but when you find out your insurance doesn’t cover the damage, that’s when the real pain sets in.

Homeowners should never assume that just because their property hasn't experienced flooding previously that it won’t do so in the future. Twenty percent of floods each year occur in low risk areas.

Did you know?

  • It can take 30 days after purchasing a policy for it to take effect.
  • A car can easily be carried away by just two feet of rushing water.
  • In the past 5 years, all 50 states have experienced floods or flash floods.
  • Six out of ten presidentially declared disasters involve flooding.
  • Federal disaster relief is only available if a federal disaster is declared – and this occurs in less than half of all floods.
  • Federal disaster assistance is usually in the form of a loan that must be paid back with interest. 

Spring and summer are times of increased risk from floods – so don’t wait.  Make sure you’re protected.  More information about floods and the basics about flood insurance is available at www.floodsmart.gov.

We can help

A Think Insurance Advisor can help you determine what type of flood coverage, if any, you should consider. Call 1-800-443-6316 to schedule an insurance review and for more tips on protecting your home.


Insurance products are offered through Think Insurance (MN license # IA-538), not Think Mutual Bank. Insurance products are not FDIC insured, are not insured by any federal agency, and are not a deposit or guarantee of Think Mutual Bank.
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Insurance products are offered through Think Insurance (MN license # IA-538), not Think Mutual Bank. Insurance products are not FDIC insured, are not insured by any federal agency, and are not a deposit or guarantee of Think Mutual Bank. This is not a policy. For a complete statement of coverages and exclusions, please see the policy contract.

The Investment Professionals of Think Financial Planning are Registered Representatives and Investment Adviser Representatives with/and offer Securities and Advisory Services through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered by CES Insurance Agency. Investments are not FDIC insured, not bank guaranteed, not insured by any federal agency and may lose value. Check the background of this firm on FINRA's BrokerCheck. Think Financial Planning is headquartered at 5200 Members Pkwy NW, Rochester, MN 55901.

This information is provided for new customers who live or work in Minnesota, and for existing customers residing in the states of AR, AZ, CA, CO, FL, GA, IL, IN, IA, KS, KY, MA, MD, MI, MN, MO, MT, NE, NM, NV, NY, ND, NC, OH, PA, SD, TN, TX, UT, VA, WA, WI, WY. No offers may be made or accepted from any resident outside of these states due to various state regulations and registration requirements regarding investment products and services.