Webinar Highlights: Bridging the Troubled Water Protection Gap: How New Data, Tools Enable Better Insurance Flood Coverage
Agents and Realtors should remind customers of the need for flood coverage.
Less than a fifth of all US homes in flood regions are covered by flood insurance.
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.
FEMA maps cover only a portion of U.S. coastline and inland waterways.
