Jonathan Schultz, director of emergency services in Niagara County, says there's been minor to
moderate flooding in some areas.
Not exact matches
Moderate to major coastal
flooding is expected
in the city late - Friday, as a nor» easter is bringing
in heavy rain and gusty winds that could slam low - lying
areas and impact the Friday evening commute.
Don't think that just because you live
in a
moderate to low - risk
area you should nix
flood coverage.
The average
flood insurance policy
in the U.S. costs $ 700 per year, but renters who live
in moderate and low - risk
areas get a preferred rate.
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.
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.
According to the Federal Emergency Management Agency (FEMA) about 20 percent of losses due to
floods occur
in areas that are considered low to
moderate risk.
If you live
in a
moderate - or low - risk
area,
flood insurance typically isn't mandatory.
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.
Approximately 25 - 30 % of all
flood claims occur
in low - to
moderate - risk
areas.
You should also be aware that 25 to 30 percent of
flooding occurs
in moderate to low - risk
areas.
Even if you don't live
in a high
flood risk
area, you're
in some danger of loss from a
flood, because 20 percent of all
flood claims are filed
in low to
moderate flood risk
areas.
Ninety percent of all natural disasters
in the United States involve
flooding, and
flood damage strikes frequently
in low or
moderate risk
areas.
This type of insurance is also a good idea for homes
in low - to -
moderate flood areas.
Preferred risk
flood insurance policies for those living
in low to
moderate risk
areas of West Virginia start as low as $ 129 per year.
Homes and businesses located
in moderate - to - low risk
areas that have mortgages from federally regulated or insured lenders are typically not required to have
flood insurance.
52 percent of residential and commercial properties
in the Houston metro are at «High» or «
Moderate» risk of
flooding, but are not
in a Special Flood Hazard
Area (SFHA) as identified by the Federal Emergency Management Agency (FEMA).
Residents
in low - and
moderate - risk
areas are not federally required to keep an active
flood insurance policy, but
in a federal or insured mortgage, the added protection has the potential to pay for itself after the first occurrence.