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Devastating floods in Texas are exposing a growing problem that Congress may have to weigh when considering overhauling the ...
Climate change is increasing the risk of dangerous floods. But people often balk at the cost of flood insurance, especially ...
First, FEMA's flood maps, which determine whether a homeowner is required to purchase flood insurance, are outdated in many areas, underestimating the risk to homes outside designated zones.
Though natural disasters cycle across seasons and regions in the U.S., it’s often a shocking discovery for property owners how expansive and expensive flood and water damage can be when a major storm ...
WPTV is staying on top of the rising costs of insurance rates, as well as the possible danger residents face during hurricane ...
Federal flood insurance coverage limits are relatively low, however, and haven’t kept pace with rising home values. The federal program offers coverage for single-family homes of up to $250,000 ...
According to Scott Dorminy, an insurance agent found through FEMA's flood insurance website, coverage can be affordable and widely accessible, especially for those outside high-risk flood zones.
Even if you are not required, that does not necessarily mean you are safe — "about 20% of flood insurance claims come from areas that are considered low to moderate risk," said personal finance ...
Maxwell: Fewer than 20% of Floridians have flood insurance. That’s ridiculous in a hurricane-prone state. We can’t keep counting on American taxpayers bailing us out.
The city of Charleston notes on its "Know Your Flood Zone" web page that "approximately 25 percent of all flood insurance claims come from 'low-to-moderate flood risk" areas.
The flooded streets of Asheville, North Carolina, after Hurricane Helene, as seen on September 28. A high percentage of homes in the hurricane's path were not covered by flood insurance.
Flood insurance coverage can be affordable and widely accessible, ... Gigliello is in discussions with the city to potentially purchase her property under their flood abatement program.