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.
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.
Between 5% and 15% of US properties are covered under flood insurance.
Agents and Realtors should remind customers of the need for flood coverage.
