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COVID-19 Update: Please note that we are all working remotely and our hours remain unchanged at 8.30a- 5p CT. As always, taking care of our clients remains our top priority. Our phone number is 312-645-1200 and email remains the fastest way to reach us although all calls will be returned by the end of day should you leave a message because no one is available to answer. For more information and resources, see our Latest Insights.

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Flood Risk Across America

July 6, 2020

We are often asked if flood insurance is necessary in “one hundred year” flood zones.  These are low likelihood of flood zones – B,C,X.  Make no mistake,  this does not mean that there is chance of flooding once in one hundred years for any home in these zones.  It’s important to understand what makes a property vulnerable to inundation. FEMA maps do not take into account the risks of intense rainfall, or microbursts.  New data from the non-profit First Street Foundation indicates that there are actually 14.6 million homes at risk instead of the 8.6 million identified by FEMA.  Best of all this data is free and easy to access at https://floodfactor.com/.  Read more from the New York Times here.

Floop Map Photo of the United States

Some of the Information that appears on this site is produced by Chartwell Insurance Services an independent insurance broker specializing in the personal asset protection of successful individuals. Other content is provided as a resource. The contents of all posts are informational only and Chartwell Insurance Services is not providing legal advice nor policy interpretation. If you have questions please direct them to a representative of Chartwell Insurance Services.