
With many beachfront properties and abundant rainfall in Florida, flood insurance is a necessity. According to FEMA, floods are the most destructive natural disaster in the U.S., causing $24 billion in damages over the last 10 years. The National Flood Insurance Program (NFIP) writes more flood insurance policies for Florida than any other state. The good news: Recent pushes in state and federal government can make flood insurance even more accessible to Florida homeowners and business owners.
What many don’t realize about flood insurance is that it’s not usually covered under renter, homeowner, or commercial property insurance policies, so it must be purchased separately. In high-risk areas, the chance of a flood during the term of a 30-year
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