Even within SFHAs, where flood coverage is often mandated, 52% of expected annual losses remain uninsured. Low-income ...

FEMA's Flood Insurance Hikes Will Price Out 1 Million Homeowners From Coverage, Report Finds As climate change drives increased flood risk in many parts of the country, FEMA has updated its flood ...

Numbers on use and performance point to potential for nonpublic insurers to take on a greater role but also suggest there are ...

“Lack of flood coverage is the largest insurance gap across the country,” Friedlander said in an email. “Ninety percent of U.S. natural disasters involve flooding and flooding can occur just ...

Heavy rains from Hurricane Helene caused record flooding and damage last year in Asheville, N.C. As climate change raises ... created the National Flood Insurance Program in 1968 when private ...

Would an extra $800 a year help? New bill aims to ease the strain of flood insurance with tax relief for middle-income ...

Even if a homeowner does have flood insurance, the coverage may not be enough to make a policyholder whole again. FEMA’s National Flood Insurance Program only covers up to $250,000 for single ...

There are two main ways to get coverage: through FEMA's National Flood Insurance Program (NFIP) or from private insurers. Homeowners in communities that participate in the NFIP are eligible to enroll.

And in Florida, the state-backed insurer of last resort, Citizens Property Insurance Corp., has started requiring homeowners that have coverage for wind damage to also buy flood insurance.

Even if a homeowner does have flood insurance, the coverage may not be enough to make a policyholder whole again. FEMA’s National Flood Insurance Program only covers up to $250,000 for single ...

Climate change is increasing the risk of dangerous floods. But people often balk at the cost of flood insurance, especially since many doubt they need protection.