Uncategorized

4 Myths About Flood Insurance Every Florida Homeowner Should Know

Asset 8For most of America’s history, very few people had flood insurance because it was too risky for insurers and too expensive for homeowners. Then, in 1968, Congress created the National Flood Insurance Program (NFIP) to make affordable flood insurance available to homeowners, renters and businesses. Today, the NFIP underwrites 5.1 million policies covering $1.3 […]

4 Myths About Flood Insurance Every Florida Homeowner Should Know Read More »

Florida City Tops List of Riskiest Flood Places

A new interactive national flood map, developed and released by the non-profit First Street Foundation, identified cities across America that have a significantly higher degree of properties at-risk than government flood maps currently show. The analysis found that Cape Coral, Florida has the most properties — and the largest percentage of properties — at substantial risk

Florida City Tops List of Riskiest Flood Places Read More »

FEMA Flood Buyout Program Not Doing Enough for Florida Counties

Despite spending the most money on flood damage, Florida only ranked 23rd of the 49 states using the Federal Emergency Management Agency (FEMA) home buyout program, according to a 2019 study from University of Miami Rosenstiel School of Marine and Atmospheric Science. Started in 1989, economic models showed that the program would help flood-prone property owners

FEMA Flood Buyout Program Not Doing Enough for Florida Counties Read More »