Understanding Louisiana’s Unique Flood Risks and How Insurance Can Protect You

For many U.S. home and business owners, floods represent one of the most threatening natural disasters. Even a single inch of floodwater entering a building can inflict devastating damage and costly financial losses. This danger may be of particular importance for those in Louisiana, necessitating an understanding of the importance of flood insurance.

Why Is Louisiana at Risk of Floods?

Louisiana’s topography and climate make it especially susceptible to floods. Much of the Pelican State’s land is relatively flat and close to sea level, and its many bayous, rivers and lakes can all easily overflow. Some of Louisiana’s most populated areas, including New Orleans, are actually below sea level, necessitating the protection and infrastructure of levees and pumping systems. However, as ocean levels rise and climate change takes effect, these protections may fail more often.

Why Is Flood Insurance Important?

An adequate flood insurance policy could be one of the most essential investments a Louisiana property owner ever makes. Homeowners and businesses should understand that floods are typically excluded from standard home and commercial property insurance policies. This means that losses and damages caused by floods will need to be paid out of pocket unless additional coverage is purchased. But, by having flood insurance, policyholders can access funds and resources that may help them rebuild or repair buildings, replace damaged belongings and remove debris.

Although there are no sweeping requirements for flood insurance in the Pelican State, property owners may be subject to other mandates. For example, if a homeowner’s mortgage is federally supported and they live in an area designated as being at high risk of floods, they’re typically required to maintain coverage until their loan is paid off. Additionally, parties who have received aid through the Federal Emergency Management Agency (FEMA) must have coverage to be eligible for additional future assistance.

Learn More

Contact Harlan Insurance in Alexandria, Louisiana, today to learn more about the importance of flood insurance.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.