NFIP Statistics

• Floods are the #1 most common natural disaster in the United States.
• In the past 10 years (1998-2007) the average flood insurance claim paid in the US was more than $33,000 per year.
• In the past 10 years (1998-2007) the NFIP paid over $23.6 billion to flood insurance customers.
• The average premium for a yearly flood insurance policy is around $500.
• 20 to 25 percent of all flood insurance claims are filed in low- to moderate-risk areas.
• The NFIP paid nearly $600 million in flood insurance claims to-date homeowners, business owners, and renters in 2007.
• Top ten states receiving claims payments during 2007:
  

  State	Total Number of 2007 Claims	Total 2007 Claims Payments
  New Jersey	6,969	$157,469,721
  Texas	4,226	$89,977,931
  New York	3,062	$62,297,881
  Washington	1,044	$48,804,496
  Ohio	1,521	$44,887,347
  Oklahoma	1,001	$30,200,723
  Connecticut	1,298	$19,552,404
  Oregon	461	$17,068,339
  Kansas	643	$16,604,329
  Illinois	1,087	$13,297,471