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