Floods can happen anytime or any where. Even in the same place twice. Floods are the leading natural cause of property damage. Four times more homes are destroyed by flood than by fire, causing over $2 billion in property damage every year. You don’t have to live by water to be at risk.

Approximately 30% of all flood claims occur in low to moderate risk areas. Colorado Homeowners Insurance Policies do not always cover flood damage, but Federal Flood Insurance does. Colorado Flood Insurance also covers mudflow, dirt and debris resulting from moving water. Homeowners with mortgaged property in a Special Flood Hazard Area (SFHA) are now required by federal law to obtain flood insurance. Lenders must comply by requiring flood insurance on the outstanding mortgage balance for the life of the loan.