Flood Insurance for Missourians

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JEFFERSON CITY -  Missourians still wait for the Federal Emergency Management Agency (FEMA) to clarify terms of the flood insurance policy.

Monday, Executive Vice President Larry Case of the Missouri Association of Insurance Agents (M.A.I.A) said FEMA is sending mixed information about flood insurance for Missourians. Case said state insurance agents have been calling the headquarters, searching for answers to give customers.

"Many people come to our members and ask to place a flood policy," said Case. "Now they're [agents] coming back and saying, 'Well, I sold the policy in good faith. Is FEMA gonna back it up or not?' And what we're saying is we don't know because FEMA doesn't know."

A statement from a FEMA representative tried to clear up confusion surrounding the policy. The statement reads, "If the National Flood Insurance Program insured property is damaged by a flood in progress, there may be no coverage for that flood damage for any policy that became effective on or after the time and date of the flood-in-progress." For this case, the date for the flood-in-progress was June 1, 2011.

FEMA said Missourians who have not purchased the policy before or on the June 1 date should not expect flood insurance coverage.

Both FEMA and Missouri insurance agents urge potential Missouri flood victims to take necessary precautions for the rising waters to come.


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