In California, only about 230,000 homes and other buildings have flood insurance policies, which are separate from homeowners insurance.
That means only about 2% of properties are covered against flooding. The federal government is the insurer for the bulk of them – about 191,000 as of December. Private insurers issued the rest, according to the most recent state data from 2021.
"People think the only people that need flood insurance are people who live right on the beach or on the banks of a river that has a history of flooding," Bach said. In reality, far more people are threatened by rushing or rising water. Reyes knew this, but he still did not buy flood insurance. It was too expensive, he said, and wasn't required. Plus, he thought local officials had improved the storm drainage system so that a similar flood wouldn't happen again. But it did and Reyes also had to be rescued by boat. He's staying at the same evacuation center, hoping his home isn't too badly damaged.
Also trying to figure out how to recover is David Enero in Merced, a community of roughly 90,000 in California's Central Valley that flooded badly. Water rose ankle-deep in his house. The laminate floor in his living room floated.
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