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Florence likely to expose gaps in flood insurance

10 monthes ago   |   By

NEW YORK - The number of Americans with flood insurance is on the rise, yet Hurricane Florence is likely to make it painfully clear that too many homeowners in the Carolinas and other vulnerable regions remain unprotected.. An analysis of federal flood insurance records by The Associated Press found there were roughly 5.1 million active flood insurance policies in the U.S. as of July 31, up from 4.94 million a year earlier. The Carolinas had modest gains - a 2.5 percent increase in South Carolina and a 3.5 percent increase in North Carolina.
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Florence likely to expose gaps in flood insurance

10 monthes ago   |   By

NEW YORK - The number of Americans with flood insurance is on the rise, yet Hurricane Florence is likely to make it painfully clear that too many homeowners in the Carolinas and other vulnerable regions remain unprotected. .
An analysis of federal flood insurance records by The Associated Press found there were roughly 5.1 million active flood insurance policies in the U.S. as of July 31, up from 4.94 million a year earlier.
The Carolinas had modest gains - a 2.5 percent increase in South Carolina and a 3.5 percent increase in North Carolina.
But large gaps in coverage remain. South...
Read more ...

 

Florence likely to expose gaps in flood insurance

10 monthes ago   |   By

NEW YORK - The number of Americans with flood insurance is on the rise, yet Hurricane Florence is likely to make it painfully clear that too many homeowners in the Carolinas and other vulnerable regions remain unprotected.
Florence came ashore in the Carolinas Friday and its storm surges, flash floods and winds scattered destruction widely.
Federal data show there were roughly 5.1 million active flood insurance policies in the U.S. as of July 31, up from 4.94 million a year earlier.
North Carolina and South Carolina each had modest gains in flood insurance policies, but coverage gaps...
Read more ...

 


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