facebook twitter instagram linkedin google youtube vimeo tumblr yelp rss email podcast phone blog search brokercheck brokercheck Play Pause

Californian Get The "Wright" Advice On Flood Insurance

At a recent press conference, officials from the Federal Emergency Management Agency (FEMA) said that California is likely to experience the strongest El Niño conditions in nearly 20 years. As a result, FEMA deputy associate administrator Roy Wright is encouraging California residents in high risk areas to buy flood insurance (flood insurance typically has a 30-day waiting period from date of purchase to take effect).

"We encourage everyone to take the threat seriously," said Roy Wright, a deputy associate administrator at the Federal Emergency Management Agency in Washington, D.C. "If there ever was a time to buy flood insurance, this is that time."

Wright went on to say that while home owners living in flood zones are required to buy flood insurance as a condition of receiving a mortgage, only 30 to 50 percent of people living in high hazard areas nationwide have coverage.

You can see flood risk maps and get tips on how to avoid flood risk at www.floodsmart.gov. You can also read a related press release from FEMA here.

If you have any questions about flood insurance, please call your BlueSky Team at (252) 633-0107.

NAPFA-Registered, Fee-Only Financial Advisors

Form CRS | Privacy Notice & ADV | Legal, privacy, copyright and trademark information

Educated decisions lead to the best decisions.

Subscribe to the BlueSky blog and receive valuable financial insights written by the professionals at BlueSky.

Click To Subscribe