QBE Insurance GroupFlooding Information

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Flooding

It is the inevitable disaster

and one of nature’s worst. • Each year flood waters rise and properties

are damaged.• Flooding can occur at anytime and in any state,

and other than fire, it is the most common and widespread disaster.

• “All Risk” insurance policies do not cover flooding.

Flooding1. A general and temporary condition of

partial or complete inundation of two or more properties (at least one of which is your property) from:

a. Overflow of inland or tidal waters; b. The unusual and rapid accumulation or runoff of surface

waters from any source, such as heavy rainfall; c. Mudflow;

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Flooding

2. Flood, as used in this insurance policy, means: Collapse or subsidence of land along the shore of a lake or similar body of water as a result of erosion or undermining caused by waves or currents of water exceeding anticipated cyclical levels that result in a flood as defined in 1.a. above.

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Types of FloodsFlood Insurance covers direct physical loss by “Flood”.

The cause has to be direct physical for coverage

to apply.

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Types of Floods• River Flooding• Coastal Flooding• Urban Flooding• Flash Flooding• Spring Thaw• Oversaturated Soil

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• Tropical Systems• Levee or Dam Failures• Rainstorms• Tsunami• Mudflow

Types of Floods

River flooding: • Overflow of stream, creek or river, contributing causes:

• Heavy Rainfall• Spring Thaw

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• Run-off from Saturated Soil• Weakening Tropical Systems

Types of Floods

Coastal Flooding: Storm surges associated with Tropical Systems

and Nor’easters.

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Types of Floods

Urban Flooding: Accumulation of rainfall or snowmelt due to

new development and construction.

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Types of Floods

Dam or Levee Failures:Decayed or un-maintained levees and dams, failing or

being overtopped during large floods, heavy rains,

or tropical systems.

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Types of Floods

Flash Flooding:• High rate of rainfall and how long it lasts in one

area can cause flash flooding. • Flash floods can roll boulders, tear our trees,

destroy buildings and bridges, and scour out new channels. Rapidly rising water can reach heights of 30 feet or more.

• Can produce catastrophic mud slides. • Most flood deaths are due to Flash Floods.

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Types of Floods

Is it Flooding?• Water Hydrant Bust• Water Line Bust Inside a Home

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• Surface Water• Tidal Wave

Types of Floods

NOT Flooding:• Surface water

(unless 2 or more properties, one is insured)

• Water line bust inside a home• Overflow of pool in rear yard

(unless 2 or more properties)

• No water line on exterior of home? How did it flood?

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