Webinar Highlights: Bridging the Troubled Water Protection Gap: How New Data, Tools Enable Better Insurance Flood Coverage
Between 5% and 15% of US properties are covered under flood insurance.
Improving infrastructure, including levees, sea walls and flood walls, helps reduce flooding.
FEMA maps cover only a portion of U.S. coastline and inland waterways.
Homeowners believe flood coverage is expensive and floods won't happen to them.
Insurers are entering the market with a range of new products and innovations.