By: Great Falls Tribune
Montanans should prepare for flooding by purchasing flood insurance as spring runoff ramps up, Commissioner of Securities and Insurance Matt Rosendale said Thursday.
Flooding is the No. 1 natural disaster nationwide and there are many misconceptions about flood insurance, he said. Flooding happens not just in flood zones and there is no guarantee that floods will be declared a disaster to open up federal assistance.
He said that 56 percent of people in a recent InsuranceQuotes.com survey wrongly thought that a standard homeowner’s policy covers flooding. Standard homeowner’s insurance does not include flood insurance.
“Everyone should consider themselves susceptible to flooding and take steps to be prepared for that risk,” Rosendale said. “Every property owner should consider their options to purchase standalone flood coverage to protect their assets.”
He urged people to buy flood insurance now.
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