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Feds: Last-Minute Insurance Purchases Won’t Cover Flood

June 9, 2011

A federal official says people who bought flood insurance at the last minute after learning of plans to release record amounts of water through the Missouri River reservoir system will not have coverage for damage caused by the rising water.

Barb Fitzpatrick of the Federal Emergency Management Agency says June 1 is the official start of the flood in the Dakotas because that’s when the Garrison Dam began to release more water.

Fitzpatrick says flood insurance underwritten by the federal government does not take effect until 30 days after it’s purchased, so no policies bought after May 2 will cover damage from the high water that’s expected to last for a month or two. That’s the case even if the damage happens 30 days or more after the official start.

Topics Flood

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Latest Comments

  • June 13, 2011 at 8:20 am
    BLB says:
    SB, that is what everyone believes about flood insurance. Unfortunately, with the situation we have here they are using the date the dam was opened as the date of flooding, ... read more
  • June 10, 2011 at 2:31 pm
    Olin Miller says:
    Back in 1993 I issued a flood policy with the standard 7 day waiting period. The home was not flooded the day coverage went into effect. The following day a major levy broke... read more
  • June 10, 2011 at 11:35 am
    SB says:
    I think some of you are missing the point...the issue is not when the flood began...the issue is when you took out your policy. As an adjuster, policies and coverage are near ... read more

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