The flooding has left numerous residents in Prescott Valley without adequate insurance coverage, particularly those in flood-prone areas who did not purchase separate flood insurance. The damage has been extensive, with some apartment buildings and homes severely impacted. The lack of updated FEMA flood maps has also contributed to confusion about flood risks in the area. Residents are urged to assess their flood risk and consider obtaining flood insurance, even if they are not in a designated floodplain. The event underscores the vulnerability of older infrastructure and the need for updated flood management systems.