Flood Insurance Guru Learning Center
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Flood Insurance Guru Learning Center
Learn important information about flood insurance in less than 5 minutes. Discover tips on how to protect your property, understand FEMA's changes, and find affordable options. Stay informed and get the coverage you need. Subscribe to our learning center for more valuable insights.
Feb 22, 2022
Flood Insurance Explained
2020 is officially the busiest hurricane season on record and flooding is one of a storm’s most devastating consequences. FEMA estimates one inch of flood water can cause up to $25,000 in damage. The U.S. began offering nationalize flood insurance in 1968 but the program, called the NFIP, is now over $20 billion in debt. Private companies are starting to offer flood insurance as well. However, flood insurance is more complicated than it may appear. | CNBC
2020 is officially the busiest hurricane season on record and flooding is one of a storm’s most devastating consequences. FEMA estimates one inch of flood water can cause up to $25,000 in damage. The U.S. began offering nationalize flood insurance in 1968 but the program, called the NFIP, is now over $20 billion in debt. Private companies are starting to offer flood insurance as well. However, flood insurance is more complicated than it may appear. | CNBC
FacebookCNBC
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