Regulators in several states took note today of the approaching hurricane season by issuing announcements urging residents to buy flood insurance.
In Louisiana, Insurance Commissioner Jim Donelon noted that floods are the state's most frequent natural disaster and mentioned that the National Oceanic and Atmospheric Administration is predicting between 13 and 16 Atlantic Basin named storms, with four to six of them being major hurricanes. Hurricane season begins June 1.
“Residents should learn their flood risk and take steps before the next storm to protect their home or business from potential flood damage. Remember, standard homeowners insurance does not typically cover flood damage,” he cautioned.
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