On my way to Ocean Shores, WA recently, there were still remains of dirt and debris that had washed over the highway in the big December storms…. 
That latest blast of weather in December 2007 got me thinking about insurance in Seattle neighborhoods and Seattle suburbs again. Flood insurance, specifically, is what I want to look at and whether or not I should purchase a flood insurance policy for my Seattle, Washington area home.
Flood insurance wasn’t actually very accessible until the late sixties when a national flood insurance program was put into place. With this program came the availability of flood insurance for anyone who needed it and lived in a community that participated in the program. In addition, regulations in the form of floodplain maps were also put into place to provide specific levels of risk for any given area.. Flood coverage is required by your lender if you live in any of these high risk areas, but is not included on the standard home owner’s policy of the majority of real estate in Seattle and its suburbs.
This is a question each homeowner in Seattle and the entire Puget Sound should ask themselves. Do you live on low ground? At the bottom of a hill? Near a waterway? How is your property drainage? These are all factors which increase your risk of water intrusion and each homeowner should take the time to consult with an insurance agent and evaluate their own risk. I live on a hill and have sufficient drainage for my property. I keep my gutters in proper working order and also regularly monitor my weatherproofing plan. I do not have flood insurance. It is important to note that if you do decide to purchase flood insurance for your Seattle property, keep in mind that there is a thirty day waiting period in most cases.
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