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.
FEMA's definition of 100 year flood plain doesn't take into account issues of climate change and sea temperatures.
Less than a fifth of all US homes in flood regions are covered by flood insurance.
Agents and Realtors should remind customers of the need for flood coverage.
Reinsurers believe raising awareness will drive insurer and consumer interest in flood coverage.
