rebuilding after this. and people with property damage by flooding may not actually be as protected as they thought. standard homeowner insurance policies do not cover floodwaters. they cover wind and rain damage, but according to a disaster research group, less than a quarter of homes at risk in the carolinas have private flood insurance. and only about 5% of them have flood insurance offered by fema. chuck watson, analyst, is with us. chuck, appreciate you being here, thank you. as i understand it, the standard homeowners policies do not cover floods, it's separate. you have to get it -- it's a federal program, is that the only availability of flood coverage is through fema? >> good morning. yeah, there's some private insurance but it is pretty expensive and specified for the