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Summer is on its way, so it’s a good time to think about flood insurance

5/10/2018 11:26:37 AM

For Immediate Release

SAINT PAUL – With spring finally here, and summer just around the corner, the potential for extreme rain events and flooding increases. 

In recent years, floods have caused many Minnesotans to suffer major property damage and serious financial losses due to a lack of flood insurance protection.

It is important for Minnesotans to know three things about flood insurance: 

  • Flood damage is not covered by a standard homeowners insurance policy.
  • There is a 30-day waiting period after purchasing a flood insurance policy before it takes effect.
  • Flooding can occur even outside of flood-prone areas.

The Minnesota Commerce Department is encouraging Minnesotans to review their specific risks and needs to determine whether flood insurance coverage makes sense for their property.   

Flood insurance is available through the federally-backed National Flood Insurance Program (NFIP) and can be purchased through many licensed property insurance agents. Policies can be purchased for both buildings and contents. The program also offers flood insurance for renters and businesses.

Flood insurance is worth considering even for Minnesotans who do not live in flood-prone areas.

According to the State Climatology Office, in the last 18 years, Minnesota has experienced nearly three times as many “mega-rains” as the 27 years spanning 1973-1999. These are events in which six inches of rain covers more than 1,000 square miles, with at least eight inches at the core.  

Nationally, more than 20 percent of all NFIP flood insurance claims come from properties mapped outside of high-risk flood areas. The NFIP offers lower-cost Preferred Risk Policies specifically designed for residential properties located in moderate- to low-risk flood zones.

More information about flood insurance is available at

As with any insurance policy, carefully review the details before purchasing. It is important to know both what is covered and what is not.

Commerce is here to help

If you have a concern or problem with your insurance policy, insurance agent or insurance company, contact the Commerce Department’s Consumer Services Center by email at or by phone at 651-539-1600 or 800-657-3602 (Greater Minnesota).

Media Contact
Ross Corson
Director of Communications
Minnesota Department of Commerce
p: 651-539-1463 | c: 651-368-5050 |


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