Floods can happen anytime or any where. Even in the same place twice. Floods are the leading natural cause of property damage. Four times more homes are destroyed by flood than by fire, causing over $2 billion in property damage every year. Homeowners with mortgaged property in a Special Flood Hazard Area (SFHA) are now required by federal law to obtain flood insurance. There is a 30 day waiting period for flood insurance, so the best way to protect your home is to act now, before the flood comes!