Webinar Highlights: Bridging the Troubled Water Protection Gap: How New Data, Tools Enable Better Insurance Flood Coverage
Insurers are entering the market with a range of new products and innovations.
FEMA maps cover only a portion of U.S. coastline and inland waterways.
Homeowners believe flood coverage is expensive and floods won't happen to them.
About 175 carriers wrote in the US private flood market in 2020, up from 152 the year prior.
Less than a fifth of all US homes in flood regions are covered by flood insurance.
