|For Immediate Release:
May 13, 2020
Remembering May 2019:
By Oklahoma Insurance Commissioner Glen Mulready
One year ago, during the late hours of April 30 and the morning of May 1, 17 tornadoes struck Oklahoma. These storms carried 5 to 6 inches of rainfall and thousands of Oklahomans were devastated by flooding that resulted in more than $31 million in estimated losses and almost 6,000 flood claims reported.
In the aftermath of mother nature, Oklahomans did what they do best — we pulled together, volunteered to clean up endless piles of debris and helped the state recover. We came together as one to help our neighbors and demonstrated our state’s resilience. Since this time, we have seen an increase in the purchase of flood insurance as a result of this devasting storm. Unfortunately, over time, people start to forget about this disastrous event and drop their coverage.
As another May begins, I’m encouraging Oklahomans to Get Ready now and reminding you of the importance of preparedness. With the spread of the global COVID-19 pandemic, we must take extra precautions and be extra prepared this year.
Here are three important reasons to consider flood insurance:
People tend to be optimistic and think they’re not going to be the victims of a disaster. And no one could have predicted the impact on each Oklahoman of a global pandemic, but all of us should use these past examples and maybe personal experiences to Get Ready. While we cannot prevent another flood from occurring, we can get our state financially prepared for the damage when it hits. Let’s make sure that Oklahomans really understand their flood risk. That where it can rain, it can flood.
If you have questions about other insurance issues, contact the Oklahoma Insurance Department at 1-800-522-0071 or visit our website at www.oid.ok.gov.
Click here to see more flood information and stats from May 2019.
About the Oklahoma Insurance Department
The Oklahoma Insurance Department, an agency of the State of Oklahoma, is responsible for the education and protection of the insurance-buying public and for oversight of the insurance industry in the state.
For more information, contact:
Liz Heigle 405-522-0683 Liz.Heigle@oid.ok.gov