Disaster Zone

Nifty Flood Damage Estimator for Homeowners

This is a great way to show the costs involved with flooding. It makes it more personal.

by Eric Holdeman / March 25, 2014

When you think about flood insurance and the need for it, some people might try to forego getting the insurance to save money. If you have a mortgage that won’t work, but when the house is paid off, maintaining flood insurance is a good idea.

Check out this nifty flood damage calculator that is on the Ready Philadelphia website. First you select the size of a home (1,000 or 2,000 square feet are the options) and then you can select how high the water goes up the wall in the house. The higher the water, the higher the cost.

I like the visual nature of the tool they have and a bit of storm and thunder sound effects in the background is a plus.

President Obama just signed the revised flood act that limits the amount of flood insurance increases to 18% for homes. Here in Washington State that means that up to 9,000 insured properties may have their rates go up—but, remember the risks are going up too. Not to mention the national flood insurance program is not self-supporting and is subsidized by other tax payers.


Alan Kiest shared this link.