Webinar Highlights: Bridging the Troubled Water Protection Gap: How New Data, Tools Enable Better Insurance Flood Coverage
FEMA's definition of 100 year flood plain doesn't take into account issues of climate change and sea temperatures.
About 175 carriers wrote in the US private flood market in 2020, up from 152 the year prior.
Agents and Realtors should remind customers of the need for flood coverage.
Improving infrastructure, including levees, sea walls and flood walls, helps reduce flooding.
Between 5% and 15% of US properties are covered under flood insurance.
