Flood Insurance: Essential Coverage Homeowners Often Overlook
Many homeowners lack flood insurance despite flood risks outside high-risk zones. Learn why flood coverage and preventive maintenance are crucial for all property owners.
Many homeowners lack flood insurance despite flood risks outside high-risk zones. Learn why flood coverage and preventive maintenance are crucial for all property owners.
The Flood Insurance Relief Act aims to provide tax deductions on flood insurance premiums for middle-income homeowners in Florida, addressing low coverage rates and rising costs in flood-prone areas.
Severe July storms in Broome and Tioga Counties, NY cause $25M-$30M in property damage, prompting a rise in home and auto insurance claims and highlighting flood insurance importance.
New Jersey flash flooding leads to a surge in homeowners insurance claims and rising premiums, with increased policy non-renewals impacting flood-prone areas.
U.S. Senators demand FEMA halt Risk Rating 2.0 flood insurance premium hikes citing transparency issues and impacts on homeowners, especially in Republican-led states.
Many U.S. homeowners underestimate flood risk due to reliance on outdated FEMA flood zones, exposing them to high costs without proper flood insurance coverage. Learn about NFIP coverage limits and tools for better flood risk assessment.
The 2025 Atlantic hurricane season is forecasted to be above normal with increased named storms and hurricanes, impacting U.S. insurance sectors and flood risk management.
Florida's Senate Bill 180 aims to speed hurricane recovery but may increase flood insurance costs by restricting home elevation and stricter building codes, affecting thousands of homeowners and insurance markets.
APCIA reports $8 billion in hurricane claims settled, defending industry's response amid Senate subcommittee scrutiny over State Farm and Allstate claims practices.
Motion Specialty has secured approval as a Lloyd's of London coverholder to underwrite specialty insurance products including High Value Homes and Flood coverage, leveraging data-driven underwriting and technology focused on wholesale distribution.