Minnesota's Governor Signs Flood Insurance Disclosure Bill

Minnesota Gov. Tim Pawlenty signed a bill on May 14 that requires insurance companies and agents to notify homeowners annually if their insurance policies don't include flood coverage. The required notice will say the homeowners have the right to buy flood insurance if they choose.

Pawlenty had proposed the legislation last August after floods hit southeastern Minnesota; many living there were unaware that flood insurance was not included in their home insurance policy or believed flood insurance was unavailable to them.

"During my visits to southeastern Minnesota last year, many homeowners were unclear about their flood insurance eligibility," Pawlenty said. "This new law will help consumers by giving them more information about their insurance coverage options. We are hopeful this will increase the number of homeowners purchasing flood insurance so that more Minnesotans will be covered the next time flooding hits our state."

Standard homeowners policies don't include flood insurance. This new law requires written notice to homeowners stating their policy does not include flood insurance and they have the right to purchase flood insurance, provided their community participates in the National Flood Insurance Program. Homeowners who live in a flood zone must purchase flood insurance from NFIP.

Flood insurance becomes effective 30 days after it is purchased, and the state says 20-25 percent of all flood claims filed in Minnesota come from areas that are not designated high risk for flooding.

Download Center

  • The Ultimate Guide to OSHA Recordkeeping

    When it comes to OSHA recordkeeping, there are always questions regarding the requirements and in and outs. This guide is here to help!

  • Lone Worker Safety Guide

    As organizations digitalize and remote operations become more commonplace, the number of lone workers is on the rise. These employees are at increased risk for unaddressed workplace accidents or emergencies. This guide was created to help employers better understand common lone worker risks and solutions for lone worker risk mitigation and incident prevention.

  • Online Safety Training Buyer's Guide

    Thinking of getting an online safety training solution at work but not sure how to evaluate different solutions and find the one that's best for your company? Use this handy buyer's guide to learn the basics of selecting online safety training and how to use it at your workplace.

  • SDS Software Buyer's Guide

    Whether this is your first time shopping for online SDS software or you’re upgrading from a legacy solution, this guide is designed for you to use in your search for the safety management solution that works best for you and your company.

  • Risk Matrix Guide

    Risk matrices come in many different shapes and sizes. Understanding the components of a risk matrix will allow you and your organization to manage risk effectively.

  • Vector Solutions

OH&S Digital Edition

  • OHS Magazine Digital Edition - November December 2021

    November December 2021

    Featuring:

    • GAS DETECTION
      How to Streamline Gas Detector Maintenance
    • OSHA TOP 10
      OSHA's Top 10 Most Frequently Cited Standards for FY 2021
    • PROTECTIVE APPAREL
      How PPE Can Help You Deal with the Harsh Condition of Winter
    • HEARING PROTECTION
      Tackling Hearing Protection in the Workplace
    View This Issue