What you need to know about flood insurance

What you need to know about flood insurance / Matt Thielke (WGXA)

MACON, Ga. -- Georgia's Insurance Commissioner Ralph Hudgens is reminding residents of the state to make sure they have flood insurance in light of the catastrophic flooding that took place in Texas as a result of Hurricane Harvey.

Hudgens said that just seeing the images out of Houston and other areas of Texas is enough to show the damage that water can do to your home and your belongings.

He said that for this reason, it is vital to have flood insurance, even if you don't live in a high-risk area. He said that between 20 and 25 percent of flood claims occur in areas that are considered low or medium risk for flooding.

Additionally, Hudgens said that many people are not aware that flood insurance must be purchased separately from homeowner's insurance and that it only goes into effect 30 days after purchase. This means that you must seek out individual flood insurance far prior to when a flood occurs.

Hudgens said that the average flood insurance policy costs about $700 per year and that this can vary based upon what specific zone you live in.

Most of all, he said the most important thing is to be prepared and plan ahead.

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