Indiana Residents Face Significant Flood Risk Due to Lack of Insurance
The Indianapolis Business Journal reports that a large percentage of residents in Indiana, referred to as Hoosiers, do not have flood insurance.
Indianapolis, IN, August 18, 2026 —
A significant portion of Indiana residents, commonly known as Hoosiers, are not adequately protected against potential flood damage due to a widespread lack of flood insurance, according to a report by the Indianapolis Business Journal.
The report highlights a concerning trend where a large percentage of the state’s population is uninsured for flood events. This leaves many homeowners and property owners vulnerable to substantial financial losses in the event of flooding, which can occur even in areas not typically considered high-risk zones.
Flood insurance is generally not included in standard homeowners’ policies. Individuals residing in flood-prone areas or those who wish to have coverage are typically required to purchase a separate flood insurance policy, often through the National Flood Insurance Program (NFIP) or private insurers.
The implications of lacking flood insurance can be severe. Without it, residents are responsible for covering the full cost of repairs and replacement of damaged property out-of-pocket. Federal disaster assistance may be available in the event of a presidentially declared disaster, but this assistance is often in the form of loans that must be repaid and may not cover all losses.
While the specific percentage of uninsured residents was not detailed in the provided summary, the Indianapolis Business Journal’s report suggests this is a notable issue across the state. Experts often recommend that homeowners review their property’s flood risk and consider obtaining flood insurance, regardless of whether they live in a designated flood plain.
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