Webinar Highlights: Bridging the Troubled Water Protection Gap: How New Data, Tools Enable Better Insurance Flood Coverage
Between 5% and 15% of US properties are covered under flood insurance.
Reinsurers believe raising awareness will drive insurer and consumer interest in flood coverage.
Improving infrastructure, including levees, sea walls and flood walls, helps reduce flooding.
FEMA's definition of 100 year flood plain doesn't take into account issues of climate change and sea temperatures.
Homeowners believe flood coverage is expensive and floods won't happen to them.