What is flood insurance? It is a risk management tool available to home and property owners to protect themselves in case a flood disaster occurs and affects their property. Flood insurance is purchased primarily by people who own property in areas with increased flood risk.

However, people who own property in moderate to low risk areas are also advised to purchase flood insurance to be extra safe. This is because floods are a natural disaster that can happen anywhere and at any time. Floods can arise as a result of various situations, for example, during heavy storms, poor drainage systems, broken pipes, and many more. Some of the challenges brought about by flooding include:

Communicable diseases related to water

The flood calamity causes water-related and vector-borne diseases such as schistosomiasis, cholera, diarrhea and hepatitis E, which can be very deadly to man. These diseases occur when disinfected water systems become contaminated by broken sewer pumps, and thus the water becomes impure for drinking and domestic use, as it can lead to fears of water-related diseases.

Destruction of property and crops.

Floods as a natural disaster also cause massive destruction of property and crops. Homeowners, property owners count many losses during such tragedies. Some insurance companies advise their clients on the benefits of buying flood insurance to help them rebuild their lives after the ordeal.

Human and animal deaths

Floods also cause loss of life. Human beings and animals die as a result of this natural disaster. People who live along lakes and rivers, people who live near the base of a hill or mountain are prone to the risks of being affected by flooding. On top of that, animals are swept away and die in the process when this calamity strikes.

Infrastructure damage

Electricity and road transport are also affected by flooding. Movement from one place to another becomes almost impossible. In turn, electricity is cut off. The government has to come up with measures or rather arrangements to remedy this situation.

In conclusion, it is necessary to implement preventive measures, especially if you live in areas prone to flooding. It is better to be safe than sorry. You should purchase a flood insurance policy to ensure that you are covered when such a situation occurs or move to an area that is less prone to flooding.