Webinar Highlights: Bridging the Troubled Water Protection Gap: How New Data, Tools Enable Better Insurance Flood Coverage
Homeowners believe flood coverage is expensive and floods won't happen to them.
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.
FEMA maps cover only a portion of U.S. coastline and inland waterways.
About 175 carriers wrote in the US private flood market in 2020, up from 152 the year prior.