Webinar Highlights: Bridging the Troubled Water Protection Gap: How New Data, Tools Enable Better Insurance Flood Coverage
Reinsurers believe raising awareness will drive insurer and consumer interest in flood coverage.
FEMA maps cover only a portion of U.S. coastline and inland waterways.
About 175 carriers wrote in the US private flood market in 2020, up from 152 the year prior.
Improving infrastructure, including levees, sea walls and flood walls, helps reduce flooding.
Homeowners believe flood coverage is expensive and floods won't happen to them.
