Ask about Flood Insurance NOW!
Dane County residents are encouraged to look into flood insurance for their property. There are many myths about flood insurance that expose residents to unnecessarily high levels of risk. For more information about flood insurance, visit www.floodsmart.gov or the Wisconsin Office of the Commissioner of Insurance’s web page about flood insurance http://oci.wi.gov/sm_emp/flood.htm
Consider the following myths surrounding flood insurance:
Myth: Properties are not at risk of flooding if they are not located in a mapped flood plain.
Fact: From the 2008 floods in Dane County, FEMA awarded 1,627 claims for Individual and Household Assistance. Of those awarded claims that could be mapped (non post office box addresses), 34 were in the 100 year flood zone and 46 were in the 500 year flood zone. Only 4.9% of those awards for flood assistance were in mapped flood hazard areas!!
Myth: The property is in a mapped 100 Year Flood Zone and it flooded in 2008 so it won’t flood again for another 100 years.
Fact: The 100 Year and 500 Year Flood Zones actually indicate the chance for flooding to occur. The 100 Year Flood Zone indicates the property within that zone has a 1% chance of flooding EVERY YEAR! The 500 Year Flood Zone indicates the property within that zone has a 0.2% chance of flooding every year.
Myth: Properties are not eligible for flood insurance if they are not in a mapped flood plain.
Fact: Any property in a National Flood Insurance Program participating community is eligible to purchase insurance against damages from flooding.
Myth: Renters aren’t eligible for flood insurance.
Fact: Persons living in rental property ARE eligible to purchase flood insurance (i.e. the renter’s personal belongings / contents).
Myth: Existing property insurance will cover the damage from flooding.
Fact: Most property insurance does not cover damage from flood conditions. Damage can also include mold!
Flood insurance is underwritten through the National Flood Insurance Program and usually takes no less than 30 days to take effect. From the date of this release, the soonest property could be covered by flood insurance would be the beginning of March, just before the start of the spring melt! The only way residents can know their options is to do their research and speak with their insurance agent.
Tuesday, February 9, 2010
Lakeview Elementary Silent Auction
IT TAKES THE VILLAGE!!!
This year, Lake View Elementary School’s annual silent auction has an online version! You can easily go to www.32auctions.com and sign on using the auction id "lakeview" and the password "lizards". There you will find many exciting items to bid on. You can get a great deal while also supporting Lake View! This is the PTA’s main fundraiser of the year. Its success guarantees many enrichment programs for the students at Lake View, which includes many children from the village and surrounding neighborhoods. Thanks so much for taking the time to look and consider bidding! If you have any questions, please contact Bethney Pickhardt at gunderb@uwalumni.com or 244-6998.
This year, Lake View Elementary School’s annual silent auction has an online version! You can easily go to www.32auctions.com and sign on using the auction id "lakeview" and the password "lizards". There you will find many exciting items to bid on. You can get a great deal while also supporting Lake View! This is the PTA’s main fundraiser of the year. Its success guarantees many enrichment programs for the students at Lake View, which includes many children from the village and surrounding neighborhoods. Thanks so much for taking the time to look and consider bidding! If you have any questions, please contact Bethney Pickhardt at gunderb@uwalumni.com or 244-6998.
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