CR explains why most homeowners should consider flood insurance, where to get it, how much it costs, and everything else you need to know to protect your home.
The cost hikes stem from mandates by Congress to require rates charged by the National Flood Insurance Program, which is run by FEMA, to reflect the cost of flood risk to individual covered properties ...
Joshua Carroll owns Valley Auto Spa in Big Stone Gap, one of the many businesses and homes in Southwest Virginia impacted by Hurricane Helene. The storm was Category 4 when it hit the Florida coast ...
FEMA’s new flood insurance Risk Rating 2.0 methodology takes into consideration factors like a property’s distance from the ocean. Federal Emergency Management Agency (FEMA) recently released data ...
The National Flood Insurance Program, which accounts for 90% of all U.S. flood policies, often couldn’t sell or renew coverage during the 44-day government shutdown.1 The budget bill that ended the ...
At Palm Beach seminar, Brendan Lynch of Plastridge Insurance said federal flood insurance pays out $250,000 at the most for a ...
In spite of rising costs, Floridians aren’t ditching their flood insurance policies, a new study found. But the rest of the nation is dropping flood policies at a rate that could endanger the federal ...
Up until a few weeks ago, residents of western North Carolina likely gave little consideration to purchasing flood insurance. But last month Hurricane Helene flooded much of that area, as well as ...
For more than a month, a lapse in funding froze Americans’ largest provider of flood insurance. The National Flood Insurance Program, which accounts for 90% of all U.S. flood policies, often couldn’t ...