Nearly two decades after Hurricane Katrina devastated Louisiana, the state’s communities continue to grapple with the importance of flood insurance. Katrina was one of the deadliest hurricanes in U.S. history, claiming 1,833 lives and causing $108 billion in damage, primarily due to flooding. Many residents who lacked flood insurance were left unprotected.
Standard home insurance does not cover flood damage, necessitating separate policies through private insurers or the National Flood Insurance Program (NFIP). The NFIP is overseen by FEMA and offers flood insurance both directly and via over 50 companies. Participation in the program is voluntary, requiring communities to adopt a resolution of intent and submit a compliant floodplain management ordinance.
Louisiana has embraced the NFIP more than many other states, with 316 communities participating compared to only 36 that have opted out. Most non-participating areas are considered low-risk for floods. Susan Veillon from the Louisiana Department of Transportation and Development attributes high participation rates to frequent flooding events and significant claims data.
In Caddo Parish, where some communities do not participate in the NFIP, FEMA reports moderate flood risk and community resilience levels. Communities might choose not to join due to limited resources or staff needed for ordinance management or because of cost concerns related to rising home insurance rates.
Residents in non-NFIP areas can seek private market options for flood coverage but may face higher costs. Alternatively, they can advocate for their community’s enrollment in the NFIP.
