Not exact matches
The FSB is urging the Government to do more to protect small firms in
areas at
high risk of
flooding.
FSB National Chairman meets businesses in York devastated by the latest
flooding and calls for better insurance cover Small firms need insurance protection against
flooding as the Federation of Small Businesses (FSB) raises concerns that many businesses in
high -
risk flood areas can not get adequate insurance cover and will have to pay out themselves to repair damage.
Small firms need insurance protection against
flooding as the Federation of Small Businesses (FSB) raises concerns that many businesses in
high -
risk flood areas can not get adequate insurance cover and will have to pay out themselves to repair damage.
«We are running out of time to make sure that people in
high risk areas are properly protected from the devastation
flooding can cause and the ball is now in the government's court.
But CSEA warned that residents in
high flood risk areas across the state should take little comfort in Stratton's assessment that layoffs won't put them at
risk.
The researcher team agreed that including extreme sea levels into coastal impact studies is imperative in helping vulnerable parts of the world effectively protect themselves by adapting through new or upgraded infrastructure such as dikes, pumping systems, barriers, or other tools like new building codes or
flood zoning that prevents new infrastructure from being built in
high -
risk areas.
«Today, not only are more people in harm's way than there were 50 years ago, but building in
flood plains, earthquake zones and other
high -
risk areas has increased the likelihood that a routine natural hazard will become a major catastrophe,» warns a 2015 report from the Centre for Research on the Epidemiology of Disasters (CRED), which maintains an international disaster database.
For example, coastal
areas or
areas in the
flood plain of a river are more likely to experience a natural disaster, whereas
areas at
higher elevation are at lower
risk.
«The location and physical layout of the Firth of Clyde make it an
area with
high flooding risk.
Angel Aguirre, the governor of Guerrero, urged people to leave
areas at
high risk of
flooding, and Michoacan's government said all maritime activity and road travel should be avoided.
A Dutch - Texan team found that most Houston -
area drowning deaths from Hurricane Harvey occurred outside the zones designated by government as being at
higher risk of
flooding: the 100 - and 500 - year floodplains.
If your building is in a
high risk area, your mortgage lender will require you to have
flood insurance.
The price of earthquake or
flood insurance varies widely depending on whether your home is located in a
high -
risk or low -
risk area.
If you live in a participating community, as most Americans do, the government can not turn you down for a
flood insurance policy, even if you live in a
high flood -
risk area.
Texas
floods are often associated with
high -
risk coastal
areas like Galveston Island, Corpus Christie, and Padre Island.
While every home is in a
flood plain, those in
high -
risk areas will see the biggest cost increases, and all NFIP policies will be subject to an annual surcharge of $ 25 for a primary residence and $ 250 for all others.
As a rule,
flooding, landslide, mudslide, and earthquake damage are not covered by a typical insurance policy, a lack that Californians are smart to address if they live in
high -
risk areas.
Few companies sell independent
flood insurance directly to consumers and they typically only offer the policies in specific,
high -
risk areas they have underwritten.
High Risk Areas: Within these, which are also known as Special Flood Hazard
Areas (SFHAs), there's deemed to be a 25 percent chance of a residence being
flooded within 30 years — which is the length of term for many mortgages.
However, you may need to purchase a separate endorsement or policy to cover certain disasters such as
floods, earthquakes, and tornadoes, which can be a good idea if you live in a
high -
risk area.
According to the Florida Office of Insurance Regulation, low to moderate
risk areas can cost less than $ 325, but
areas with
high flood risk will be over $ 2,000.
Congress has mandated federally regulated or insured lenders to require
flood insurance on mortgaged properties that are located in
areas at
high risk of
flooding.
Excess
flood insurance is available in all parts of the country — in
high -
risk flood zones along the coast and close to major rivers as well as in
areas of lower
risk.
The president and Congress should cut federal subsidies that keep the price of insurance in some
high -
risk zones (
flood plains, coastal
areas threatened by rising seas, and regions prone to wildfires) artificially — and disastrously — low.
Alarmed at the pace of change to our Earth caused by human - induced climate change, including accelerating melting and loss of ice from Greenland, the Himalayas and Antarctica, acidification of the world's oceans due to rising CO2 concentrations, increasingly intense tropical cyclones, more damaging and intense drought and
floods, including glacial lakes outburst loods, in many regions and
higher levels of sea - level rise than estimated just a few years ago,
risks changing the face of the planet and threatening coastal cities, low lying
areas, mountainous regions and vulnerable countries the world over,
New studies also found
high risk areas such as Hampton Roads in Virginia now featured tens of thousands of properties under such serious threat of
flooding that only FEMA will provide them with insurance — a number that will continue to increase along with the sea levels (globally at 3.3 millimeters of increase per year but as
high as 7 - 8 mm per year in some regions).
The vulnerable nations declared that they are, «Alarmed at the pace of change to our Earth caused by human - induced climate change, including accelerating melting and loss of ice from Greenland, the Himalayas and Antarctica, acidification of the world's oceans due to rising CO2 concentrations, increasingly intense tropical cyclones, more damaging and intense drought and
floods, including Glacial Lakes Outburst Floods, in many regions and higher levels of sea - level rise than estimated just a few years ago, risks changing the face of the planet and threatening coastal cities, low lying areas, mountainous regions and vulnerable countries the world over...&
floods, including Glacial Lakes Outburst
Floods, in many regions and higher levels of sea - level rise than estimated just a few years ago, risks changing the face of the planet and threatening coastal cities, low lying areas, mountainous regions and vulnerable countries the world over...&
Floods, in many regions and
higher levels of sea - level rise than estimated just a few years ago,
risks changing the face of the planet and threatening coastal cities, low lying
areas, mountainous regions and vulnerable countries the world over...»
* 20 to 30 % of plant and animal species likely to be at increased
risk of extinction * many millions more people than today projected to experience
floods every year due to sea level rise * increases in malnutrition; increased deaths, diseases and injury due to extreme weather events; increased burden of diarrhoeal diseases; increased frequency of cardio - respiratory diseases due to
higher concentrations of ground - level ozone in urban
areas * hundreds of millions of people exposed to increased water stress
The production of more than half the country's rice and most of its fish and shrimp depends on seasonal
flooding in this
area; the
risk, however, is that
higher seas could alter the regular
flooding regime, expanding the
area inundated with salty water and rendering cropland unusable.
Increased precipitation intensity and variability is projected to increase the
risks of
flooding and drought in many
areas (
high confidence)[3.3.1].
Impacts from recent climate - related extremes, such as heat waves, droughts,
floods, cyclones, and wildfires, reveal significant vulnerability and exposure of some ecosystems and many human systems to current climate variability (very
high confidence)-LSB-...]
Risks are amplified for those lacking essential infrastructure and services or living in poor - quality housing and exposed
areas
San Francisco International Airport is one of the
areas at
highest risk of
flooding due to land subsidence and rising seas.
Disruption by
flood and
high winds; withdrawal of
risk coverage in vulnerable
areas by private insurers, potential for population migrations, loss of property
Sea level rise due to global warming has already doubled the annual
risk of coastal
flooding of historic proportions across widespread
areas of the United States... By 2030, many locations are likely to see storm surges combining with sea level rise to raise waters at least 4 feet above the local
high - tide line.
So the site tells you, for example, that the average
flood insurance premium for addresses in moderate - to low -
risk areas in Florida is $ 372, while a
high -
risk property in Louisiana would cost $ 688 to insure.
For those living in
higher risk flood areas, it can take even longer to officially issue a policy.
Lenders will require it if you live in an
area considered at
high risk for
flooding and your mortgage is federally backed, such as by the Federal Housing Administration, or FHA.
This required the NFIP to raise insurance rates on some older properties in
high -
risk areas to reflect the true
flood risk.
Businesses that are located in a
high -
risk flood area or that have a federally regulated or insured mortgage are required to purchase
flood insurance.
However, most
floods occur in low to moderate
risk areas, so even if you are not in a
high -
risk zone,
flood insurance is a good financial decision.
If you live in a
high -
risk zone — called a Special
Flood Hazard
Area — and have a mortgage on your home, you're likely required to have
flood insurance.
People outside of mapped
high -
risk flood areas file nearly 25 percent of all NFIP
flood insurance claims and receive one - third of Federal Disaster Assistance for
flooding.
In some
high risk areas, where
flood insurance is mandatory, premiums will cost more.
You also need information as to the extent and type of
risk you may face, for example some
areas may only face low level
flooding of a few inches whereas other
areas may face larger catastrophes with
higher flood levels.
The average
flood insurance cost is around $ 700 a year, with people in
high -
risk areas paying more and people in moderate - or low -
risk areas potentially paying less.
Excess
flood insurance is available in all parts of the country — in
high -
risk flood zones along the coast and close to major rivers as well as in
areas of lower
risk.
For people in
high -
risk areas, or people who want to remain eligible for federal disaster aid,
flood insurance coverage is mandatory.
And while homes and businesses located in
high risk areas that have mortgages from federally insured or regulated lenders are required to have
flood insurance, coverage is available to anyone.
The price of earthquake or
flood insurance varies widely depending on whether your home is located in a
high -
risk or low -
risk area.
In fact, according to the National Flood Insurance Program (NFIP) website, 20 percent of its claims are filed by policyholders outside of
high -
risk areas, and that a third of all disaster relief for
flooding (usually loans that must be repaid) goes to such
areas as well.