ICT: Less than 25% of Texas Homeowners Carry Flood Insurance

October 22, 2015

Most Texas homeowners are unprotected when it comes to flood damage, a state insurance trade group says. Less than 25 percent of Texas homeowners carry flood insurance despite the risks of massive downpours that could occur in certain flood prone parts of the state, according to the Insurance Council of Texas.

With forecasts of potential heavy rains across parts of Texas this weekend, the ICT reminds Texas homeowners and businesses to be prepared and check their insurance coverage.

In June, heavy rainfall resulted in massive — and deadly — flooding in Wimberley along the Blanco River as well as in Houston and Harris County where insured losses amounted to hundreds of millions of dollars from flooded homes and automobiles.

During those floods, many Texans were reminded of the need for flood insurance, especially those close to flood zones where flood insurance may not be required.

Central Texas was also inundated by strong storms in Fall 2013, when significant flooding occurred in Hays, Travis and Williamson counties in the so-called Halloween floods. Wimberley, a town in Hays County of about 2,600 residents, received up to 14 inches of rain between Oct. 30 and Nov. 1, 2013.

Related:

Topics Texas Flood Homeowners

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