If you've noticed the national news coverage of the Midwest floods, or if you live in one of the flooded areas, you might have wondered about the terms "100-year" and "500-year" flood plains. Understanding these terms is vital when you consider purchasing a home or adding flood insurance to your coverage.
It turns out these terms do not mean that this kind of catastrophic flooding occurs once every 100 or 500 years as many think, but rather, it is a statistical possibility that one out of 100 or one out of 500 floods will be that bad. Read more about this in the Iowa Press-Citizen.
Wednesday, June 18, 2008
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