U.S. Risk Brokers  Is Flood Insurance Important? 

There was a 2012 poll done by the Insurance Information Institute that found that only 13% of American homeowners had a flood insurance policy.  This was surprising because more than four in five Americans (81%) know that a standard homeowner’s insurance policy doesn’t cover flood damage.  Although they know this the vast majority of homeowners do not purchase flood insurance.

The Federal Emergency Management Agency (FEMA) and its National Flood Insurance Program (NFIP) identify flooding as the United States’ No. 1 natural hazard.

For more on the survey: http://www.insurancejournal.com/news/national/2013/04/25/289690.htm