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Where flood policy helps most—and where it could do moreThe program in question was developed by the Federal Emergency Management Agency (FEMA), which has a division, the Flood Insurance Mitigation Administration, focusing on this issue.
Standard home insurance doesn’t cover flood damage, but you can buy a flood insurance policy from the National Flood Insurance Program (NFIP) or directly from insurance companies. Most ...
As insurance costs have increased, representatives from the N.C. Department of Insurance and statewide flood organizations ...
To make matters worse, many homeowners believe they’re already covered for flood damage by their homeowners policy. But a standard homeowners insurance policy won’t cover flood damage.
It's free, simple and secure. You can get flood insurance through the National Flood Insurance Program (NFIP) or a private company. Keep in mind that the federal government relies on private insurance ...
He said most of the flood insurance policies, about 90%, are through FEMA's National Flood Insurance Program. However, about 12 private companies offer flood insurance. Neptune Insurance is the ...
accounting for more than 95% of the flood insurance policies nationwide. “The horror stories I hear are the people whose houses were flooded out. [They] don’t have an NFIP policy, don’t have ...
A Federal Emergency Management Agency (FEMA) program provides important flood insurance relief, researchers say. But due to its design, it's used more in communities with greater means to protect ...
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