Do you get affected by flooding?

[ASEAN NOW News]

(File photo)

 

As we know, most of SE Asia including the Philippines are prone to destructive storms and flooding.

 

Natural disasters - predominantly floods and landslides triggered by storms - killed 379 people and injured 1,060 others in the Philippines last year.

 

There are many reasons why floods in the Philippines including natural factors and human's factors are caused.

 

The perennial problem of flooding in the Philippines is partly attributed to its geographical attributes.

 

Around 421 principal river basins are dispersed across the archipelago and an average of 20 typhoons enters the country annually, making it prone to flooding.

 

Rainfall, the influence of tides, storms and tropical depressions are natural factors. The country is also affected by tropical depressions.

 

Poor old drainage systems are another main cause of localized flooding.

 

We know through various reports that the country is prone to flooding, and with global warming issues it will only get worse.

 

(File photo)

 

The Philippine capital, Manila for example is susceptible to river runoffs, and perennial flooding.

 

The city's most flood-prone areas are the coastal lowlands along Manila Bay, the Marikina flood plain, the communities surrounding the Laguna Lake plain, and the lowland areas along the Pasig and San Juan rivers.

 

Expat Highrise Homes

 

Many expats rent or have bought apartments in tower blocks particularly in the main cities.

Therefore, they are unlikely to face any flooding in the homes. Although getting about during the heavy storms can face a challenge.

 

However, flood damage is of great concern for those expats that live in houses, especially in low lying areas.

 

Low insurance cover

 

Despite high exposure to this risk and repeated calls from international organizations, the penetration rate of flood insurance remains surprisingly low in Asia. 

 

(file photo)

 

Flood damage in the Philippines is excluded under standard homeowners and renters insurance policies.

 

However, flood coverage is available in the form of a separate policy. Maybe check with your current household insurer.

 

Your home's location should be a primary factor in determining whether flood insurance is a worthwhile investment.

 

However, even if you do not live in a flood zone or your lender does not require it, you should consider purchasing flood insurance, especially if you are in a moderate to low-risk flood area.

 

Most insurance companies in the Philippines offer different basic and comprehensive home insurance packages.

 

Other insurance companies also include coverage on broad water damage caused by bursting of water tanks and/or pipes, burglary and housebreaking, riots and strikes, and malicious damage

 

So, are you currently suffering from flooding at home?

 

Have you any tips on how to protect your property, and have you investigated getting flood insurance?

 

Any tips or advice from other Expats around the country would be welcome.

 

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