A key thing to remember about flood insurance is that it will kick in to provide coverage to you in most situations that are covered. That is because most insurance is backed up by the federal government, making it much less likely to not be paid back.

If you do not believe that you need flood insurance, consider the last time that water entered your home. Just one inch or less of water in your home can cause tremendous amounts of damage to property including the loss of many precious valuables.

For those that lose their belongings or even their home during a flood, an option for those without flood insurance is a federal loan that must be repaid. Or, you can take into consideration having flood insurance which means that you do not have to repay anything.