California is becoming uninsurable
Today, Explained
The Flood Insurance Crisis: Navigating Rising Costs and Government Intervention
This chapter examines the escalating costs of flood insurance for Florida homeowners, focusing on the struggles of 1.7 million residents covered by FEMA’s National Flood Insurance Program. It delves into the growing trend of homeowners forgoing coverage due to high premiums and the implications of government intervention in the insurance market.
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