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.
Improving infrastructure, including levees, sea walls and flood walls, helps reduce flooding.
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.
Between 5% and 15% of US properties are covered under flood insurance.
