Floods are the most destructive natural disaster impacting the U.S. Ninety percent of all such disaster include floods and every state including Alaska and Hawaii have witnessed flash floods. Your representative from the Asset Planning Insurance Agency, LLC can help you learn more about flood insurance in Johnstown, PA. In the meantime, read up on the basics below.
How Widespread is the Danger?
Floods are at the top of the list for destructive weather-related damages in the U.S. and account for 90 percent of natural disasters. Homeowner’s insurance won’t cover flooding and a special flood insurance is federally guaranteed by the National Flood Insurance Program (NFIP).
The legislation was recently introduced to create a private flood insurance market to address current issues and unintended consequences of the federally backed insurance. For one thing, it makes it extremely difficult for insurance companies to voluntarily offer flood protection. The market for private flood insurance isn’t that big, but more sophisticated risk mapping has made some insurers comfortable enough to want to offer their own policies. Now, the private market can accurately predict risk, so it’s easier to reflect a price that makes it worthwhile to the company.
The federal insurance guarantee confirms Congress’s intent that mortgage lenders should accept private flood insurance in lieu of NFIP, and this will make it easier for private insurers to offer competitive, perhaps lower rates.
Contact the Asset Planning Insurance Agency, LLC to find out more about obtaining federally backed or privately insured flood coverage in Johnstown, PA. Make an appointment to get a quote for flood insurance or to talk to us about all your insurance needs.
Early in the morning of October 12, 1492, a sailor on board the Pinta sighted land, beginning a new era of European exploration and expansion. The next day, the ninety crew members of Columbus’ three-ship fleet ventured onto the Bahamian island that he named San Salvador (now Watling Island, and then called Guanahaní by the natives), ending a voyage begun nearly ten weeks earlier in Palos, Spain.
As a reward for his valuable discovery, the Spanish crown granted Columbus the right to bear arms. His new coat of armsadded the royal charges of Castile and Leon and an image of islands to his traditional family crest. Columbus further modified the design to include a continent beside the pictured islands.
The first recorded celebration of Columbus Day in the United States took place on October 12, 1792. Organized by the Society of St. Tammany, also known as the Columbian Order, it commemorated the 300th anniversary of Columbus’ landing.
The 400th anniversary of the event inspired the first official Columbus Day holiday in the United States. President Benjamin Harrison issued a proclamation in 1892, “recommending to the people the observance in all their localities of the 400th anniversary of the discovery of America…” and describing Columbus as “the pioneer of progress and enlightenment.” Since then, school programs, plays, and community festivities have been organized across the country in celebration of Columbus Day. Columbus and the Discovery of America, Imre Kiralfy’s “grand dramatic, operatic, and ballet spectacle,” is among the more elaborate tributes created for this commemoration. The World’s Columbian Exposition or Chicago’s World’s Fair, which opened in the summer of 1893, was designed to commemorate Columbus’ discovery of the New World 400 years earlier.
In the decades that followed, the Knights of Columbus, an international Roman Catholic fraternal benefit society, lobbied state legislatures to declare October 12 a legal holiday. Colorado was the first state to do so on April 1, 1907. New York declared Columbus Day a holiday in 1909 and on October 12, 1909, New York Governor Charles Evans Hughes led a parade that included the crews of two Italian ships, several Italian-American societies, and legions of the Knights of Columbus. President Franklin Delano Roosevelt designated Columbus Day (then celebrated October 12) a national holiday in 1934.
Since 1971, when Columbus Day was designated the second Monday in October, it has been celebrated as a federal holiday. In many locations across the country Americans hold parades to commemorate the day.
Oviedo came to America in 1514 and for over thirty years compiled detailed ethnographic descriptions of the goods, products, peoples, and customs of the Caribbean and Central America. The hammock was first introduced to Europeans during Columbus’ first voyage of 1492.
Search the Library of Congress pictorial collections on Columbus to find photos of monuments, paintings and drawings of the explorer and his landings in the New World, and numerous places named for him. See, for example, one of the largest monuments to the explorer, the Columbus Monument at Columbus Circle in New York City.