Areas of the United States have recently experienced torrential rain that caused devastating and deadly flooding.

The nation watched in horror as over 100 people were swept to their deaths in Kerr County, Texas,

including many children attending Camp Mystic

on the Guadalupe River.

While Kirk County is an extreme example of what can happen when an area is prone to flooding,

nearly 8 million homes and other structures exist in special flood hazard areas as designated by the Federal

Emergency Management Agency or FEMA. While nothing can prevent loss of life in a natural disaster,

such as a massive flood, there are insurance options available to protect the property you own or rent. However,

if you assume your regular homeowners or renters insurance policy will cover flood-related

damage to your home or personal belongings, you'll be disappointed. Floods are the most common

and costly natural disaster in the United States.

Unfortunately, a lack of flood insurance is the most significant insurance gap or vulnerability

that Americans have. This podcast will review what flood insurance is, who needs it, and how to purchase a policy.

Welcome back to episode 949 of Money Girl. I really appreciate you being here. I'm Laura Adams,

an award-winning author, on-camera spokesperson, money speaker, and founder of The Money Stack. That's my

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my work you can ask questions and of course sign up for the money stack when you visit laura d adams.com

or you can leave a voice message with your question or comment by calling 302-364-0308. I'd love to feature your question on Finance Friday, which is our

weekly Q&A bonus edition of the show. Okay, so let's talk about flood insurance. I think it's a common

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