While Nevada may have a dry climate, that doesn’t mean that it’s not susceptible to flooding. In Nevada, the most common causes of flooding are heavy rains, flash floods, new land development that can change natural drainage and the spring thaw of winter snow. Also susceptible to erosion, mudslides and flooding are areas where recent fires may have destroyed much of the vegetation or the land. Other causes – such as the 2008levee breach of the Truckee Canal in Fernley – also can lead to unexpected and rapid flooding.
Standard homeowners and renters insurance do not cover damage to your home or personal property from floods. Even if a flooded area is declared a federal disaster area, federal aid is usually provided in the form of low-interest loans.
Flood coverage, however, is available in the form of a separate policy from the National Flood Insurance Program (NFIP) (888-379-9531). Most insurance companies that offer homeowners, renters, condo owners, and business owners insurance in Nevada also offer NFIP backed flood insurance policies. Policies are available to cover residential and commercial structures and property.
To find out more or assess your risk, read our Nevada Consumer's Guide to Flood Insurance.