Flood insurance before El Niño: 10 points on timing, zones and limits
Flood insurance before El Niño takes planning, from the 30-day NFIP waiting period to flood zones, coverage limits and mudflow rules homeowners and renters should know A flood insurance policy bought today may not cover a flood next week. Most policies sold through the National Flood Insurance Program carry a 30-day waiting period before coverage begins. A homeowner who signs up once heavy rain is already in the forecast may still be uninsured when the water arrives. For U.S. flood risk, the relevant shift is in rainfall. El Niño winters tend to be wetter across much of the southern part of the country, while northern states often run warmer and drier. Those are tendencies rather than promises. A single El Niño season can still bring a mild winter to one place and a destructive storm to another. What does not change from year to year is the gap in most household coverage. A typical…
