In the event of a flood, are you and your family adequately prepared? There is a 30-day waiting period for new flood insurance policies to take effect once they are purchased. Floodplain residents should consider buying flood insurance if you think your home is potentially vulnerable. Historically, about one-third of all flood insurance claims occur outside of the mapped regulatory floodplain area (for 100 year floods). A less expensive preferred risk policy is available for these properties. For more information about flood insurance, contact your insurance agent or visit https://www.floodsmart.gov/floodsmart/ Visit the Gunnison County Emergency Management Flood Preparedness webpage for more information.