Mt. Hood Flood Insurance
Mt. Hood Flood Insurance
When it comes to having flood insurance in the Mt. Hood area, Clackamas County recommends it for area homes on or near waterways with rivers. Welches, Rhododendron, Brightwood and Government Camp all are surrounded by a multitude of mountain streams and rivers. Most predominate are the Sandy, the Salmon and the Zig Zag rivers.
Insurance may be obtained through the National Flood Insurance Program.
Most purchasers of the National Flood Insurance Program contact their primary insurance agent. Depending upon your location, and in order to get a less expensive policy, you may need to obtain an elevation survey from a surveyor. Prices vary for this cost. Once your application is in, it may take 30 days for your policy to become effective.
Here are some additional documents that might be of help in your investigation of flood insurance for the area plus recent changes in government policies for flooding:
Flood Insurance Reform and The Homeowner Flood Affordability Act
Best Government Website for Complete Flood Information
The National Flood Insurance Program
Fact Sheet for Insurance Agents: National Flood Insurance Grandfather Rules
Preferred Risk Policies Available for Buildings Out of the Special Flood Hazard Area
Clackamas County Facts about Flood Insurance
Here are a few unknown facts about flood insurance coverage:
The maximum amount of coverage for a single family residence is $250,000.
For residential condos the max coverage is $250,000 per unit.
The contents coverage on all residential buildings is $100,000 and it's also available for renters.
See your insurance agent for details.
