Who Needs a Flood Policy?

Who Needs a Flood Policy?

Flood insurance sounds like something only beach dwellers need to worry about, think again.

Flooding ranks as the most common natural disaster in the U.S., occurring in all 50 states, and is surprisingly widespread. For instance, Pennsylvania, which has no oceanfront, had more flood-insurance claims in 2004 than any state except Florida, according to the Federal Emergency Management Agency. The reason? Heavy rains from Tropical Storms Ivan and Frances.