|Targeted News Service|
Commissioner of Insurance Jim Donelon held his yearly storm season press conference today, urging residents to get ready for
While hurricane experts are predicting a less active storm season, Commissioner Donelon warns that residents should still be prepared. "All it takes is one," said Commissioner Donelon. "When forecasters say they expect a less severe hurricane season based on weather conditions in the
As an example, Commissioner Donelon pointed to the 1992 hurricane season.
"There were only six named storms that year, but the first of those was Hurricane Andrew. This August marks the 20th anniversary of that devastating storm that hit
Commissioner Donelon also noted that other Category 3 storms to severely impact
Commissioner Donelon warned that
Every property owner in
Standard homeowners insurance does not typically cover flood damage, but flood insurance covers damage that residents would otherwise have to pay for themselves, according to Commissioner Donelon. Flood insurance is provided by the National Flood Insurance Program (NFIP) for home and business owners, as well as renters. According to the NFIP, the average cost for a flood insurance policy in
Typically, a flood insurance policy takes 30 days to go into effect after purchase, so don't wait until a storm is coming to buy flood insurance.
Flood insurance policies also offer a maximum coverage of
Although storm surge caused by hurricanes and tropical storms can wreak havoc on coastal areas, some of the most damaging floods occur hundreds of miles from the shoreline, days after the storm's initial landfall. As hurricanes and tropical storms move inland, torrential rains and high winds intensify the risks of flooding by rivers and streams. In fact, rains associated with Hurricane Gustav in 2008 caused extensive flooding in areas as far north as