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

We can help

An 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 Bank. Insurance products are not FDIC insured, are not insured by any federal agency, and are not a deposit or guarantee of Think Bank.