You don’t have to live near water to become a flood victim. In fact, everyone lives in a flood zone. It is just a matter of how likely it is that a flood will hit your home. And, unfortunately, floods are the most common natural disaster. Flood insurance is a good idea even if you have floodproofed your house. Flood insurance can protect you from unexpected events, such as a flood that rises higher than your flood protection level. Homeowner’s policies do not cover damage caused by floods.
Flood zones are rated based on the "100-year flood" or the "500-year flood." This is the standard used by most federal and state agencies, is used by the National Flood Insurance Program (NFIP) as the standard for floodplain management, and is used to determine the need for flood insurance.
The "100-year flood" zone means that the area’s elevation has a 1% chance of being equaled or exceeded by flooding each year, or a 26% chance of suffering flood damage during the term of a 30-year mortgage.
The "500-year flood" zone means that the area has a lower risk of flooding. However, 25% of all flood insurance claims are from these areas.
Flood insurance is the best way to protect yourself before a flood hits. Flood damage often goes way beyond the house. Flood victims not only lose their homes and treasured possessions, but rebuilding costs can also deplete the homeowner’s savings.
Most homeowner and commercial insurance policies do not cover floods. However, you can get flood insurance for your home or business because the City of Wood River participates in the National Flood Insurance Program (NFIP). There are over 18,000 communities in the United States now participating in this program. To find out how much your flood insurance policy would cost, you must first determine your home’s flood zone. Visit Floodzone.net to determine the risk level of your home or business. To determine what flood zone you live in visit Floodzone.net or contact the City of Wood River, Department of Building and Zoning at (618) 251-3100.
Keep safe during a flood by following these tips:
What do you do after your home has been flooded? Follow these tips from the American Red Cross and the Federal Emergency Management Agency.
For a complete book on Repairing Your Flooded Home, contact FEMA Publications, P.O. Box 70274, Washington, DC 20024
Substantially damaged means that the cost to restore your house to its "before damaged" condition would equal or exceed 50% of the value of your house before the damage occurred. If you are located in a floodplain, you must check with the Department of Building & Zoning before you build, fill or rebuild. Floodplain building additions, improvements, and repairs that equal or exceed 50% of the value of the existing building must meet the same construction requirements as a new building. Substantially improved or substantially damaged residential buildings must be elevated to or above the base flood elevation.
To report illegal floodplain development, contact the Department of Building & Zoning immediately at (618) 251-3100.
To report illegal dumping in the drainage systems, contact the Department of Public Services at (618) 251-3122.