Now is the time to buy flood insurance

Posted at 5:32 PM, Mar 22, 2019
and last updated 2019-03-22 19:32:42-04

DENVER – With Spring’s arrival, those living in flood-prone areas need to think about flood insurance.

Rapid snowmelt as temperatures warm, thunderstorms, and overflowing rivers can lead to flooding in Colorado during the warmer months. This month’s historic “bomb cyclone” further shows how quickly the state’s weather can go from high winds, freezing temperatures, and drifting snow to rushing water.

Colorado’s Department of Regulatory Agencies is reminding homeowners that there is a 30 day waiting period after purchasing flood insurance before it becomes effective. DORA also says many homeowners don’t realize basic homeowners insurance doesn’t include flood protection.

The Colorado Division of Insurance offers a few tips about buying flood insurance.