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According to the National Weather Service March 8^th-12^th is recognized as Flood Awareness Week in the state of Georgia. Flooding can occur just about everywhere and can cause expensive extensive damage to your home or business. In fact, it’s estimated that flooding can causes more damage in the U.S. than any other weather-related event, with damages costing about $8 billion each year. Weak drainage systems, summer storms, and broken water mains can all result in flooding.  This is why it’s vital that you prepare in case a flooding event strikes in your community. 

Did you know that even if you don’t live in a high flood risk area you can still experience flooding? 20 percent of all flood claims are filed in a low to moderate flood risk areas according to the Insurance Information Institute. Are you covered in the event that your home floods? Homeowners and renters policies do not cover flood damage rather only specific flood insurance policies would typically cover a flood-related incident. The most common of these policies is from the National Flood Insurance Program (NFIP). Georgia Farm Bureau is proud to be an authorized provider for this Federal insurance program. Here are some other quick facts about flood insurance from the I.I.I (Insurance Information Institute):

1. Most flood insurance coverage purchased in the United States is administered through the federal government's NFIP program. 
2. Flooding can happen virtually anywhere: 

 A Flood is defined as partial or complete inundation of two or more acres of normally dry land area or of two or more properties from: Overflow of inland or tidal waters; Unusual and rapid accumulation or runoff of surface waters from any source; Mudflow; or Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion. 

   3. Flood insurance covers direct physical losses from floods and losses resulting from flood related erosion,  Homeowners or Renters policy does not. 

   4.  Flood insurance coverage for the structure and contents of the home are sold separately.

   5.  Flood losses for cars and trucks are typically covered under the optional, comprehensive portion of a standard automobile insurance policy.

  6.  There is a 30-day waiting period before a flood insurance policy takes effect. 

For more information about insuring your property from the peril of flood visit www.gfbinsurance.com.