“…Studies have shown that compared to other types of natural hazards, floods are a considerable threat to a nation's economy, the built environment, and people (André et al, 2013;Kourgialas and Karatzas, 2012;Llasat et al, 2014;UNISDR, 2009). Furthermore, in recent decades, the probability of flood and the values of exposed properties have increased exponentially (Dewals et al, 2008;Elmer et al, 2012;Jalayer et al, 2013), which subsequently raises the significance of flood damage assessment. damage assessment in terms of mitigating the probability of expected losses is the main part of the risk management process (André et al, 2013;Elmer et al, 2010;Kaplan and Garrick, 1981), and the results will provide decision-makers, emergency management organisations, and insurance and reinsurance companies with a tool for planning better risk mitigation strategies to cope with future disasters (Emanuelsson et al, 2014;Merz et al, 2010).…”