Why is Flood Insurance Important?  Sadly the events that have been happening in the East Coast has our insurance minds wondering who is property covered.  Now is a great time to check into this coverage.   Flood insurance is one of those perils that is excluded from insurance policies, but can be a great asset to have in times of aftermath from earthquakes, storms, and even wildfires.  It can help get you back on your feet in an event of a loss to protect your house, business, and property.  Some people have the misconception that they have coverage from the federal disaster assistance program & this is not entirely true.  This s a form of a low interest loan to help cover flood damage & only are available if the President formally declares a disaster & must be repaid.  You can get more information on flood policies by going to ww.floodsmart.gov.