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Flood Risks & Flood Insurance Costs

There are a plethora of flooding risks in the New Jersey area, especially for those of you who live in coastal communities. Having a flood insurance policy on top of your homeowner’s policy is crucial to avoid unwanted out-of-pocket costs for damages from flooding events. With the climate changing all over the world, our natural disaster risks are also changing. Storm events are becoming more frequent and more violent. Here is a list of the most common possible flooding events in our area.

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Climate Change & Flooding

Flooding is the most common type of natural disaster. Climate change is increasing the intensity of storm surges. It has directly affected the rainfall and snowmelt levels across the globe, according to the Intergovernmental Panel on Climate Change. Let’s take a look at why climate change can increase flooding potential.

  • Heavier precipitation:

    • Has occurred as a result of warmer atmospheres.

    • Storms will also generate 27% water than they did 100 years ago.

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