It’s a good idea to determine the risk your property has of flooding. Is your house next to a creek or storm drain channel? Is it located at the low-point of a roadway or at the bottom of a hill? These are indications that flood insurance may be a good idea.
Mortgage companies usually require flood insurance for homes and businesses in the floodplain. Homeowners insurance policies do not cover flooding caused by stormwater.
Keep in mind that people outside of floodplain areas file more than 20% of flood insurance claims and receive about one-third of disaster assistance, when it is available.
For more information about who must purchase flood insurance, download FEMA’s Mandatory Purchase of Flood Insurance Guidelines booklet.
In regard to lowering your premium, you may already be getting a 20% discount because of the steps Austin takes to guard against flooding. In addition, there may be some improvements that you can make to protect your house or business from flooding. For more information, call our hotline at 512-974-2843 or send an email.
An elevation certificate may also be helpful. Prepared by a surveyor or engineer, elevation certificates show the elevation of your home in comparison with the expected elevation of floodwaters. If the certificate shows that the lowest floor elevation in your house is above the expected inundation levels, it should lower your insurance premium. The City may already have one on file for your house or business, but we cannot guarantee the accuracy. Please use FloodPro to look up whether we have a certificate on file or you may contact us by phone or email.
Download these FEMA publications to find out more about protecting your property:
- Protecting Manufactured Homes from Floods and Other Hazards
- Homeowner’s Guide to Retrofitting: Six Ways to Protect Your Home from Flooding
- Engineering Principles and Practices for Retrofitting Flood-Prone Residential Structures
- Above the Flood: Elevating your Floodprone House
- Protecting Building Utilities from Flood Damage