If you own any large property in an area prone to even mild flooding, then it’s critical that you prepare your business for the inevitability of floods and the potential damages even a small amount of flooding can bring. It’s not enough to live in a lower-risk area and assume everything is going to work out; around a quarter of all flood insurance claims happen in areas that aren’t considered high-risk for flooding. And if you are hit by floods unprepared, the costs could be devastating.
What Is Flood Mitigation?
Flood mitigation encompasses a variety of tailored approaches to minimize the risk of flooding and the risk that flooding can pose to your property. It might involve floodproofing buildings, making it much more difficult for floodwaters to enter your property in any meaningful amounts. It might involve construction of additional drainage systems, temporary stormwater detention facilities, and custom landscaping. It can also involve treatment plans to prevent pollution.
There’s no one-size-fits-all solution for flood mitigation, which is why it behooves property owners to work with a team that understands all of the options available and can help to implement the combination of mitigation techniques most appropriate for the circumstances of your property.
The Importance and Benefits of Flood Mitigation
It only takes one serious flooding event to cause disaster for your property. A small amount of prep for a low-risk area can turn that low risk into nearly zero risk, if done correctly.
Even in cases where you expect your insurance to cover flood damages should they arise, it’s important to realize the damages of unmitigated flooding can extend far beyond what’s covered by your insurance. Customer vehicles in underground parking, nearby land contaminated by runoff after a flood, erosion that only shows itself years later when part of your floor collapses — the list of risks goes on and on. This can happen even if water never accumulates!
It’s also worth noting the expansion of regulations requiring flood mitigation and stormwater management across the country. What’s optional today may be mandatory tomorrow — so you’re getting a head start either way.
How iStormwater Can Help
iStormwater offers a wide selection of flood mitigation services, including basic consultation and a broad assortment of tailored facilities for managing the encroaching waters, filtering stormwater for practical use, etc.
We service a variety of shopping centers, hospitality businesses, and homeowners associations with premium stormwater management services. We’ll help you find the right series of steps to mitigate your risk and exposure in the event of flooding.
This depends heavily on what mitigation strategies we end up implementing. Minor landscaping to encourage water to flow to public storm sewers is necessarily much different in cost than constructing custom facilities on your property to hold stormwaters temporarily, drain underground locations, etc.
What is wet and dry floodproofing?
These refer to two different strategies for preventing damage from floods, often used together to minimize risk. Wet floodproofing assumes water will enter your property and seeks to minimize the damage it causes. Dry floodproofing seeks to prevent waters from ever entering your building.
Can I get tax breaks for flood mitigation services?
Some forms of flood mitigation may be eligible for grants and tax credits designed to mitigate the risk posed by natural disasters and reduce the amount of post-disaster relief required. FEMA’s Hazard Mitigation Assistance programs are one example.
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iStormwater LLC was an excellent choice. They made the process of the Storm water pond repairs seamless. They took charge of the project and got the project approved and passing the inspection. We highly recommend them and would use them again.
Incredible stormwater management service. The owner John consulted on a property I manage and ended up saving us thousands of dollars in environmental fees from the government. Now, our property is compliant with the EPA and we have a great partner to keep us maintained on storm water regulations over time.