The History Of Flood Insurance

Maanen Insurance Group in Greeley, CO, offers flood insurance policies, to Colorado residents. 


Congress enacted laws, The Swamp Lands Act, which gave the title of swamp lands to the states to maintain productive agriculture use and the Flood Control Act was enacted to control irrigation and address the management of water. The killing of 415 people as a result of the Ohio River Flood is but one example which required flood management control, and catastrophic floods nationwide required a more sophisticated approach.

Flood insurance naturally developed based on the mechanics of federal flood control.   The Federal Emergency Management Act (aka FEMA) is under the Department of Homeland Security.  FEMA’s purpose is to organize the state and local resources in response to disasters after the governor declares a state of emergency. Individuals who face flooding disasters seek aid through FEMA flood insurance which controls The National Flood Insurance Program (NFIP),  which provides economical insurance homeowners, businesses and renters. The NFIP works with communities to manage and enforce floodplain management regulations, and it can not exceed $250,000 for your home’s structure and $100,000 for your personal property. If your damages are above these limits private flood insurance, underwritten by lending institutions, is permitted.


On September 9, 2013, of the 64 counties in Colorado, 14 counties were affected by catastrophic flooding over a 200-mile area, which started.  Before the storm, Colorado experienced a drought.  The flooding caused eight deaths, with over one billion in damages. In 1976, the Big Thompson Flood, in the first three hours, there were twelve inches of rain, with flash flooding killing 144 people with thirty-five million dollars of damages.

The agents of Maanen Insurance Group in Greeley, CO, their clients encourages their clients to purchase life-sustaining flood insurance.  Please call!