This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Spring Can Bring Increased Risk Of Flooding

TALLAHASSEE, Fla., April 4, 2013 /PRNewswire-USNewswire/ -- This spring, the Federal Alliance for Safe Homes (FLASH®) encourages families to prepare for flood dangers prevalent from now through hurricane season. Spring is a timely reminder of the dangers associated with flooding and the steps residents and community leaders can take to protect against flood damage.

To view the multimedia assets associated with this release, please click: http://www.multivu.com/mnr/60621-federal-alliance-for-safe-homes-flash-sping-weather-flood-risk

Floods are the most common and costly weather disaster in the United States. While we enjoy spring's warmer weather, the season also brings conditions that can increase flooding, especially in many areas of the Midwest. An early spring thaw can produce large quantities of runoff in a short period. Frozen land prevents melting snow or rainfall from seeping into the ground, causing water to run off the surface and flow into lakes, streams and rivers, causing excess water to spill over their banks. Add seasonal storms to the mix, and severe spring flooding can result.

"While residents in the Midwest are at particular risk for flooding during the spring months, flooding can occur in all regions of the country at any time of the year," said Leslie Chapman-Henderson, FLASH President and CEO. "For that reason, FLASH also encourages residents to look ahead and prepare for hurricane season, which officially beings June 1 and is quickly approaching."

Fortunately, there are some easy steps families can take to protect themselves against flood risks. First, they should visit  www.flash.org to find ways to strengthen their homes and safeguard them from flood damage. Families also should put together an emergency supply kit, keep important papers and valuables in a safe and flood-proof place, and create a family emergency plan that considers insurance coverage, especially flood insurance. Everyone should visit Floodsmart.gov to learn about their flood risk and how to financially protect themselves by purchasing flood insurance.

Many people incorrectly think that their homeowners insurance covers flood damage. Typically, only flood insurance covers flood damage, which is why it is essential. It only takes a few inches of water to cause tens of thousands of dollars of damage. Between 2008 and 2012, the average flood claim was more than $34,000. Because there typically is a 30-day wait before a policy takes effect, waiting until flooding is forecast is too late. The time to act is now.

Learn more about flood risk and options for insurance coverage by visiting Floodsmart.gov or by calling 1-800-427-2419.

SOURCE FLASH

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs