What the Flood! An Online Quiz on Flood Insurance

The National Association of Insurance Commissioners (NAIC) released an online quiz, “What the Flood!,” as part of its #YourRiskIsReal campaign, an ongoing effort to educate consumers about flood risks and the need to consider purchasing flood insurance.
The short, interactive quiz presents several insurance concepts in easy-to-understand terms. Sample questions include: “Is damage from a busted bathroom pipe and a burst levee covered by the same policy?” and “If a hurricane floods your car, do you file a claim with auto or home?”
Some erroneous beliefs about flood insurance commonly held by consumers include:

• Myth: Homeowners insurance covers damage from floods.
• Reality: Most homeowners and business insurance policies do not cover damage caused by flooding.
• Myth: FEMA assistance is just as good as an insurance policy.
• Reality: Not everyone will qualify for FEMA assistance after a disaster, and grants (averaging less than $8,000) are not enough to cover all costs after a flood.
• Myth: Flooded homes are fine once they dry out.
• Reality: Flooding can damage the foundation of a house, as well as the walls and subfloors, causing mold and other problems. Fixing the damage is expensive.

Take the quiz: https://naic.org/what_the_flood/index.html