American Property Casualty Insurance Association
  • Staff Contact: Brooke Kelley     
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Contact:

Brooke Kelley-Hunt

Phone:

847-553-3761

Email:

Brooke.kelley-hunt@pciaa.net

 

 

FOR RELEASE ON RECEIPT

March 14, 2014

PCI Recognizes National Flood Safety Awareness Week March 16-22

Now is the time to prepare for seasonal flooding

CHICAGO- With the potentially dangerous combination of springtime rains on top of the record-setting snowfalls this winter, the Property Casualty Insurers Association of America (PCI) is urging homeowners, renters, and businesses to prepare for flooding.

Montana and Wyoming are currently recovering from the effects of flooding and serve as a reminder that National Flood Safety Awareness Week March 16 – 22 is a good opportunity to ensure you and your property are ready. During the week PCI, in partnership with National Oceanic Atmospheric Administration (NOAA), will be providing the public with ways to prepare and protect themselves from rising waters. As a Weather-Ready Nation Ambassador, PCI is committed to working with NOAA and other Ambassadors to strengthen national resilience against extreme weather.

“Although much of the country is dealing with this latest round of winter weather, spring showers will be here soon and the combination of snow on the ground and rain in the air could potentially cause flooding in many parts of the nation,” said Chris Hackett, director of personal lines for PCI. “Flooding is the most common form of natural disasters and these events can occur with little warning. This means advance preparation and understanding the flood risk in your area is vitally important.”

According to NOAA, last May severe storms in the Great Plains caused massive flooding. In September, Colorado’s record rainfall caused devastating flooding. On average, there are 89 fatalities and 8.3 billion in damages every year caused by flooding.

“In addition to having an emergency kit and family communications plan, strongly consider purchasing flood insurance no matter where you live,” said Hackett. “Flood insurance must be purchased separately from your homeowners insurance. It can be purchased through your insurance agent or by contacting the National Flood Insurance Program (NFIP). However, it’s important to note that NFIP policies don’t take effect for 30 days, so the sooner you purchase additional coverage the better prepared you’ll be for whatever extreme weather may come our way.” 

The National Flood Insurance Program (NFIP), is managed by the Federal Emergency Management Agency or FEMA. You can call NFIP 888-379-9531 or visit the website at www.floodsmart.gov.  PCI will continue to conversation on twitter @PCIAA and use #becovered #FloodSafety where we will share important tips and stories throughout the week.

For more information visit PCI’s Flooding Headquarters.

PCI is composed of more than 1,000 member companies, representing the broadest cross-section of insurers of any national trade association. PCI members write over $195 billion in annual premium, 39 percent of the nation’s property casualty insurance. Member companies write 46 percent of the U.S. automobile insurance market, 32 percent of the homeowners market, 37 percent of the commercial property and liability market, and 41 percent of the private workers compensation market.

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