Flood disaster poses a serious threat to people and property. As society progresses, it constantly modify the environmental landscape which heightens the risk of a disaster. Vital step to disaster reduction should be directed to a comprehensive evaluation of the likelihood of potential losses such as destruction of property and/or deaths. This study aims to assess the level of risk associated to flood damage and casualty at Community level. The level of risk depends on two interrelated factors: level of hazard and the level of its consequence. A Modified Risk Assessment Framework was utilized to evaluate each of the components of risk. Results significantly matched the geological hazard assessment conducted by local experts. Eleven Villages are high risk of loss of life while eight Villages are high risk of property damage. Restricting physical developments, limiting population expansion, investing on structural measures, boosting the socio-economic condition and strengthening the environmental regulations may help reduce the risk.