Flooding in North Dakota racks up $90M in damage
Floods in North Dakota have reached historic levels and are projected to lead to significant losses for local towns and residents.
Municipalities alone could pay up to $90 million in the costs of repairing roads and public areas, the commander of North Dakota's National Guard told the state legislature, according to the Associated Press. Major General David Sprynczynatyk told lawmakers that didn't account for potential homeowners insurance losses, and said the Federal Emergency Management Agency could pay as much as 90 percent of the cost of public repairs if it proves extensive.
The legislature was looking to gauge future budget levels. Finances could be impacted significantly by the floods, which are forecast to be of the variety that occurs only once every 500 years.
"What we're experiencing is, literally, nothing short of incredible and phenomenal," Sprynczynatyk said, according to the AP. "This is truly an incredible event."
Though standard homeowners insurance does not cover flood damage, some North Dakota residents may have been able to secure coverage through FEMA's National Flood Insurance Program.
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