A flood is a natural disaster that many do not prepare for. Flood damage can occur to any home or business, but many individuals feel that it can only happen near a body of water. Of course, it is more likely to occur there, but heavy rains and downpours can be the source of a flood, even if you are not near a large body of water. Imagine that you live downstream from a dam that breaks and you have no flood insurance coverage. Not only will your belongings be damaged, but your home may be damaged as well. Flood damage can be almost as detrimental as the damage caused by a hurricane, especially if you are not prepared.