Average Flood Damage Insurance Payout Per Year: 1.9 BILLION

  When you look at the statistics, it becomes painful how common and devastating flood damage can be for Americans. 98% of basements in the U.S. will experience water damage at some point in their lifespan. From 2006 to 2015, total flood insurance claims averaged $1.9 billion per year. These numbers are staggering, especially considering…