As major flood events continue to impact communities across the country, many homeowners may be surprised to learn just how vulnerable they are not just to the weather, but to the financial aftermath ...
A recent report revealed that people in lower-income areas are most likely to drop their flood insurance coverage. In some cases, coverage decreased by as much as 60% in these zip codes. Experts ...
Though natural disasters cycle across seasons and regions in the U.S., it’s often a shocking discovery for property owners how expansive and expensive flood and water damage can be when a major storm ...
Over the past 20 years, 99% of U.S. counties have experienced a flood event, according to the National Flood Insurance Program by the Federal Emergency Management Agency. While floods can be bigger ...
It’s the middle of hurricane season, and meteorologists say we’ve been lucky so far. Of the nine named storms and three hurricanes that have formed this season, only one short-lived tropical storm has ...
ST. PETERSBURG, FL, March 11, 2025 (EZ Newswire) -- With the longstanding flood insurance coverage gap, Flood Risk Solutions (FRS) has committed to developing an affordable, accessible solution for ...
Homeowners and renters are urged to review their insurance policies, as standard policies often exclude flood damage, requiring separate flood insurance. Flood insurance can be purchased through ...
Many Americans equate flood risk with whether or not they live in a flood zone, partly because that’s how federal agencies delineate risk. As a result, homeowners outside of an official flood zone may ...
Mortgage lenders require flood insurance on homes in certain FEMA-designated flood zones. Typically, the coverage requirement is either the full replacement cost of the home, the maximum amount ...
The National Flood Insurance Program (NFIP) cannot issue new flood insurance policies during a government shutdown. Existing NFIP policies remain valid if issued on or before September 30, 2025 and ...
California homeowners don’t seem to think much about flood risks with few insured against watery storm damage. My trusty spreadsheet examined flood insurance coverage stats compiled by ValuePenguin by ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
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