It's a call that Shari Mendrick, the town of Hilton Head's floodplain manager, gets almost every day: A Hilton Head resident wants to know if they should drop their flood insurance. The town adopted ...
When the US Federal Emergency Management Agency overhauled rates for millions of homeowners in the National Flood Insurance Program (NFIP), in 2021, the goal was to end decades of underpricing and to ...
Flood insurance costs in the state had already been rising rapidly as part of the NFIP’s new risk rating system.14 Adding to the financial pressure, Louisianans pay the second-highest average home ...
Inland areas have suffered severe flooding in recent years, experts note. And standard homeowner policies don’t cover flood damage. By Ann Carrns With the Atlantic hurricane season about to start, ...
Florida's home insurance market is stabilizing after a crisis, but obtaining coverage, especially during hurricane season, remains challenging. Home insurance rates are still rising slightly, but not ...
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 ...
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