Floods are the most common and costly natural disaster in the US. They are responsible for devastating coastal communities and inland areas alike. The Federal Emergency Management Agency (FEMA) estimates that at least 10% of the nation’s land area is currently at risk for flooding, directly impacting about 13 million Americans. While flooding can occur anywhere in the US, Gulf Coast states get hit the most often and the hardest compared to others.
The 10 most costly floods in the history of the National Flood Insurance Program (NFIP) occurred within the last 20 years, totaling more than $50 billion in paid claims.