100-Year Floods Not So Unlikely – Are Your Clients Covered?

Recent flooding in Houston proves that 100-year floods don’t necessarily come only once every 100 years. In fact, it is possible to have more than one 100-year flood in the same year! For many Texas residents, the risk of damage from 100-year events is real and ongoing.

Even if you don’t live in a flood zone, you can be flooded. Many medium and low-risk floodedhouston2001_1areas in the Hill Country and around Houston have experienced flooding in recent years. Hurricane Harvey was a catastrophic reminder of the potentially severe damage caused by flooding.

“Someone builds a couple of parking lots, and you just turned a 100-year event into a 70-year event because of the impervious surfaces,” Chuck Watson, director of research and development at Enki Research, a company which develops tools to measure hazards told the Austin American- Statesman.  “Asphalt doesn’t soak up rainwater; it just sends it somewhere else, such as into the house next door.”

Does your client own “the house next door?”

“Your clients may be one of those in the medium or low-risk areas (B, C, and X ones) that didn’t have flood insurance and were flooded,” explains Mitch Brown at Assurant Flood. “Between 20% and 25% of all claims are in these areas.

“Be sure your clients are protected from flooding that may occur and protect your agency from a possible E&O claim.”

IIAT Advantage is working together with Assurant Flood and Selective to provide flood coverage options for you to offer to your clients. Assurant and Selective, both A.M. Best rated “A”, are among the top five WYO flood providers. Programs offered include flood insurance for business and residences, standard flood, primary flood and preferred risk policies.


For more information, contact Polly Middlebrook, pmidd@iiat.org

For complete details on program features and products, click here

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