Webinar Highlights: Bridging the Troubled Water Protection Gap: How New Data, Tools Enable Better Insurance Flood Coverage
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.
Homeowners believe flood coverage is expensive and floods won't happen to them.
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.
