FloodGrade - Flood risk for the entire US

Flood risk for inside AND outside of FEMA flood zones

FloodGrade - Flood risk for the entire US

From January 1 to July 12, 2016, there were $3.3 billion in losses from flood $1.0 billion in insured losses 1 . In the period 2006-2015, floods accounted for $33 billion in loses while insured losses totaled $6.5 billion with an average insured loss per decade of $0.65 billion. 2

Flooding is a serious problem in the United States yet only 20 percent of all U.S. homeowners at risk of flooding have flood insurance. People living in a typical flood plain have a 26 percent chance of flood over the 30- year life of a mortgage. Although the risk of fire is much lower than the risk of flood, 96 percent of homeowners in flood areas have fire insurance. 3

In communities participating in the National Flood Insurance Program (NFIP), such insurance is mandatory for many people living in designated Special Flood Hazard Areas (SFHA), yet enforcement of that requirement by mortgage lenders has been lax, and while 18,250 communities at risk of flooding participate in the program, 2,378 others do not. 4