COMMERCIAL FLOOD INSURANCE The National Flood Insurance Program provides flood insurance for commercial buildings up to a maximum of $500,000 coverage.   If you are in need of or would like a quote for flood insurance for your commercial building, please click below: COMMERCIAL FLOOD INSURANCE QUOTE There is a 30 day waiting period on all non-loan related policies.
MISSISSIPPI IN TOP 15 OF STATES THAT FLOOD
1979 EASTER FLOOD, JACKSON, MS The following quote comes from the April 11, 2004, Clarion Ledger, in a story concerning the 25th anniversary of the Jackson, Mississippi Easter Flood of 1979. "We're the fifth-largest flood plain in the U.S.," said Al Goodman, state National Flood Insurance Program coordinator and a certified flood plain manager. "It's 5.2 million acres. We're the eighth-worst repetitive flood loss state and we're the 12th-worst in general flood loss. We're in the Top 15 of states that flood." The Pearl River and its creeks have been the cause of repeated flooding in the Jackson metropolitan area. The years roll off the tongues of those who survived the floods of 1979, 1983, 2001. In figures adjusted for inflation (in 2004), the floods of '79 and '83 caused about $590 million in damage to the metro area. That tally does not include damage from creeks that overflow their banks annually, eroding yards and invading houses. And the area, despite new guidelines recently adopted to address runoff, could be even more susceptible to another major flood. On August 29, 2005, Hurricane Katrina hit the Mississippi Gulf Coast with an estimated 32 foot wave on the western Gulf Coast with massive destruction that included the flooding of New Orleans. Some of the worst destruction ever caused by flood in the United States was caused by flood damage from this storm. Both inland and on the coast, there is a high risk of flooding.
Hurricane Katrina August 29, 2005	MISSISSIPPI & NEW ORLEANS: A SIMPLE HISTORY OF THE NATIONAL FLOOD INSURANCE PROGRAM Shortly after Hurricane Betsy hit the New Orleans/Mississippi Gulf Coast region, flooding much of the area, lawmakers began to discuss the idea of a national flood insurance program. Until the late 1960's, most property owners were unable to get insurance coverage against flood damage. Private insurance firms, aware of the potential for catastrophic losses, were unwilling to assume the financial risk alone. This put the burden on taxpayers to provide costly disaster relief to a growing number of flood victims. In 1968, Congress addressed this issue by creating the National Flood Insurance Program (NFIP). This Federal program provides flood insurance at a reasonable cost in exchange for the careful management of flood prone areas by local communities. Today, the NFIP insures about 4.4 million policyholders in more than 20,000 communities across the United States. The Program is administered by the Federal Emergency Management Agency (FEMA), part of the U.S. Department of Homeland Security.