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Devastating floods in Texas are exposing a growing problem that Congress may have to weigh when considering overhauling the ...
Insurance industry experts say we're underinsured when it comes to flooding, and the latest disaster highlights an insurance ...
If you lost your home, car, or other belongings in this week's flooding, navigating the insurance maze can be yet another ...
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 ...
First, FEMA's flood maps, which determine whether a homeowner is required to purchase flood insurance, are outdated in many areas, underestimating the risk to homes outside designated zones.
To remain solvent, insurers have stopped offering flood insurance and excluded it from homeowners' and commercial insurance policies. In response, Congress created the NFIP in 1968 to tackle this ...
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 ...
Greater Athens Chamber of Commerce luncheon, held at the Henderson County Performing Arts Center and sponsored by CHRISTUS ...
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.
The average cost of flood insurance is about $899 per year, but your rate may vary. Find out what you might pay and how to save.
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.
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