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<br />Pueblo Flood H aZJJrd Miti"ation Pion <br /> <br />Approximately 19 people brought claims <br />against the city for damage to their homes, <br />but the Colorado Risk Sharing Agency <br />(through Steel City Corporation) denied <br />cl.lrims for liability of the city, The claims <br />iijlorted damages Within the range of $1,000 <br />to $11,000, <br /> <br />Although the storm was loealized, it was <br />very intense and caused severe damage in <br />the City and County of Pueblo, Publie <br />Works damage estimates will most likely be <br />very high, as will others that are not yet <br />figured, Now the City and County of Pueblo <br />are both refleeting on and studying this flood <br />to determine appropriate mitigation to help <br />reduce potential future losses from similar <br />floods. <br /> <br /> <br />Flood Miti{!ation <br />A ctiv ities <br /> <br />Rood Insurance <br /> <br />There are three types of insurance one <br />should investigate in order to help minimize <br />uninsured losses from floods, <br /> <br />1. Sewer Backup Insurance: This will <br />cover water damage to your building and <br />contents when the sewer lines baekup, It is <br />a commereial insuranee policy and details <br />will vary from eompany to eomp any , <br /> <br />2. Sump Pump Insurance: Several <br />, companies will insure for damages caused if <br />a-"sump pump fails, Cheek several companies <br />to see if they earl)' it and what the policy <br />covers. <br /> <br />3, NaJiofUll Flood Insurance: This is a <br />, federally subsidized program that is available <br />to any property owner whether or not the <br />building is in a flood plain, Insuranee is sold <br />through any private insuranee agent who <br />wants to sell it in a eommunity who has <br />joined the program. The City and County of <br />Pueblo partieipate in this program, <br /> <br />More about the National Flood Insurance <br />Progrcun: <br />The NFIP is based on an agreement between <br />loeal communities and the federal govern- <br />ment which states that if a eommunity will <br />implement measures to reduee future flood <br />risks to new construetion in Special Flood <br />Hazard Areas (as mapped by Federal <br />Emergency Management Agency), the <br />federal government will make flood <br />insuranee available within the eommunity as <br />a financial proteetion against flood losses <br />whieh do oecur, lbis insurance is designed <br />to provide an insuranee alternative to disaster <br />assistance to meet the escalating costs of, <br />repairing damage to buildings and their <br />eontents caused by floods, Flood insuranee <br />was, until recently, generally unavailable <br />from private-sector insuranee eompanies, <br />These companies were aware of the potential <br />for catastrophie losses and were unwilling to <br />assume the finaneial risk alone, <br /> <br />Interestingly, one-third of all NFIP claims <br />eome from outside high -risk flood areas, The <br />south side neighborhood hit so hard by this <br />flood lies in a moderate to low zone (Zone <br />B and C-- see eenter section maps), and few <br />if any residents of this area had flood <br />insuranee. Many people found out too late <br />that their homeowners' policies did not eover <br />flood losses, At least several people did have <br />eomprehensive automobile eoverage whieh <br />insured losses on automobiles from flood <br />damages, The Pueblo flood shows that many <br /> <br />18 <br />