Flood Insurance Insights
Flood insurance plays a crucial role in making Florida a viable place for investment, yet only 18% of homeowners in the state are covered. The National Flood Insurance Program, while historically underpriced, is now seeing growth in the private market, which accounts for nearly half of flood insurance coverage. However, the burden of losses from severe weather events still largely falls on the NFIP, highlighting the need for better risk distribution among homeowners.In this clip
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Odd Lots
Why Home Insurance in Florida Is a Mess
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