Webinar Highlights: Bridging the Troubled Water Protection Gap: How New Data, Tools Enable Better Insurance Flood Coverage
About 175 carriers wrote in the US private flood market in 2020, up from 152 the year prior.
Agents and Realtors should remind customers of the need for flood coverage.
Improving infrastructure, including levees, sea walls and flood walls, helps reduce flooding.
Reinsurers believe raising awareness will drive insurer and consumer interest in flood coverage.
Insurers are entering the market with a range of new products and innovations.
