Search results
Results from the WOW.Com Content Network
Renters do have the option of applying for FEMA's National Flood Insurance program. This flood insurance is a separate policy that covers a building, its contents, or both.
This Florida couple’s home was flooded during Hurricane Helene — paid insurance for 12 years but a 3.5-inch step down to living room meant claim was denied.
The ghost of claims past. This Florida woman bought a flood insurance policy for $8,600 — but after her home flooded during Tropical Storm Debby, her nearly $100K claim was denied due to a major ...
The law "ordered FEMA to stop subsidizing flood insurance for second homes and businesses, and for properties that had been swamped multiple times." [6] These changes were to occur gradually over the course of five years. FEMA was also instructed to do a study on the affordability of this process, a study which it has failed to complete. [6]
Detroit Zoo closed as a result of flood damage there. [9] There were 32,000 power outages during the flood event, and flood damage totaled $1.8 billion. [ 6 ] [ 11 ] In excess of 100,000 homes were damaged across Macomb , Oakland , and Wayne counties as a result of the flooding. [ 5 ]
Historically, due to the rarity of flooding in Canada, it was the only Group of Eight member state not to offer some form of flood insurance. [16] Partly in reaction to the 2013 Alberta floods, [16] flood water protection offerings have been introduced as overland water protection [17] or overland flood insurance. [18]
The Insurance Information Institute offers a slightly higher count, stating that about 6% of U.S. homeowners have flood insurance, with most, or 67%, covered through the National Flood Insurance ...
the vast majority of repetitive-loss properties were built before the 1974 implementation of floodplain management standards created under the original program and thus are eligible for subsidized flood insurance. When introduced in the House on January 8, 2003, the bill was called the Two Floods and You Are Out of the Taxpayers' Pocket Act of ...