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Devastating floods in Texas are exposing a growing problem that Congress may have to weigh when considering overhauling the ...
Too many homeowners think they don’t need flood insurance. Only about 27% of homeowners have it, according to the National Association of Insurance Commissioners. But 99% of counties in the U.S ...
Flood insurance for renters only covers the contents of their home, up to $100,000. For businesses, the maximum coverage is $500,000 for structural damage as well as contents stored.
• Purchase flood insurance. Discuss policies with an agent before you purchase one to make sure you get the right coverage and the right amount of coverage.Remember that flood insurance ...
Your home is the most important — and most expensive — thing you own. Unfortunately, many costly perils, like floods, threaten your investment. In fact, an inch of floodwater can cause as much ...
Wright Flood Insurance, for instance, which sells federal policies nationally and private coverage in 40 states, said its private policies could cover properties valued at up to $5 million.
Roughly 4% of people in the US have flood insurance, according to the Federal Emergency Management Agency (FEMA). Louisiana has the highest adoption level, at 27%; Utah has the lowest at just 0.3%.
HATTIESBURG, Miss. (WDAM) - Flood insurance can be tricky, but Mississippi Insurance Commissioner Mike Chaney was kind enough to offer a helping hand to navigate the topic. Chaney said the most ...
Most flood insurance coverage is provided via the NFIP. The NFIP offers coverage for the property itself up to $250,000, as well as up to $100,000 for personal property.