FEMA waives flood insurance waiting period for Colorado wildfire victims
July 15, 2012
Colorado leaders recently voiced support of the Federal Emergency Management Agency's decision to waive the mandatory flood insurance waiting period for Colorado wildfire victims.
Senators Mark Udall and Michael Bennet, both Democrats, penned the flood insurance waiver provision in the Transportation Bill, which President Barack Obama signed July 6.
The provision waives FEMA's mandatory 30-day waiting period for flood insurance for Colorado property owners living in and around federal lands burned by wildfires, according to a July 10 joint news release.
"Colorado is experiencing one of the most devastating fire seasons in the state's history. I am glad FEMA has responded quickly to this new law," Udall said in the release. "Many Coloradans living in and around burn areas are at risk of flooding and I championed this law because I know the risks homeowners in fire zones face last long after the final embers are extinguished."
Among some of those risks are floods and mudslides, which have been reported during the last week in Colorado Springs and Fort Collins.
"Coloradans are just now beginning to pick up the pieces from the recent wildfires that devastated our state," Bennet said in the release. "Now that the rains have come, many find themselves in the untenable situation of having to worry about the possibility of floods. This decision by FEMA should provide some peace of mind to homeowners in areas that are now at risk of flooding as a result of the wildfires."
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Coloradans living in and around burn areas are especially vulnerable to flooding and should consider buying flood insurance immediately, the release states.
Homeowners are encouraged to contact their insurance provider or visit floodsmart.gov to learn more about individual flood risk, explore coverage options and find an agent.