 TITLE: What Does Flood Insurance Cover? CONTENT: How Do You Know if You Need Flood Insurance?\n--------------------------------------------\nIf you live in a high-flood-risk area and you take out a mortgage through a government-backed lender, you'll be required to carry flood insurance. Other lenders may require homeowners to carry flood insurance too.\nTo see if you live in a high-risk area, you can search your address using the FEMA flood map. But even if you don't live in a flood-prone region, your home could be at risk. Uncontrollable factors like a poor drainage system, a broken water main, a major storm or construction in the neighborhood could affect any home.\nAccording to FEMA, just one inch of water could cause $25,000 worth of damage, which means additional coverage could prevent a financial catastrophe if you're ever affected by flooding. END