RSS feed source: Federal Emergency Management Agency
AUSTIN, Texas – Recovering from a major presidentially declared disaster like the July 2-18 flooding in Central Texas can be emotionally overwhelming and financially difficult. A disaster grant from FEMA’s Individuals and Households Program can help you recover a portion of your losses.
If you receive funds from this program, you may be required by law to purchase a flood insurance policy from FEMA’s National Flood Insurance Program.
Texas received a major presidential disaster declaration for the July flooding, designating Burnet, Guadalupe, Kerr, Kimble, McCulloch, Menard, San Saba, Tom Green, Travis and Williamson counties as eligible to apply for federal assistance.
FEMA requires you to have flood insurance for buildings and personal property that were damaged by flooding in a high-risk flood area, also known as a Special Flood Hazard Area. This is to protect you and the life you’ve built from future financial devastation after a flood – whether or not a presidential disaster declaration was approved for that event.
To learn if your home is in a high-risk Special Flood Hazard Area, visit https://msc.fema.gov/portal/home.
If you receive federal disaster assistance, the requirement to maintain flood insurance coverage is tied to the property. If you are the homeowner and sell your property, you must inform the new owner of the requirement to maintain flood insurance. In most cases, an existing insurance policy should transfer to a new
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