If you own a home, you’ve probably poured a lifetime of savings into it.
That asset could be in more danger than you think.
Climate change is supercharging the water cycle, increasing the risk of major floods and making many properties more vulnerable than they were in the past. And if you’re like most U.S. residents, you don’t have flood insurance. Homeowner’s insurance policies often don’t cover flood damage, so if one does occur on your property, fixing it could prove costly.
Watch this video to learn what experts are saying about the rising risks of floods and how you can protect yourself.
P.S. If you live in the U.S., you can look up the estimated flood risk at any residential property for free at riskfactor.com. And if that’s not enough information, don’t miss meteorologist Jeff Master’s guide to 30 tools you can use to evaluate your flood risk.