Flooding has impacted nearly all U.S. counties, yet only 4% of homeowners have flood insurance. Most homeowners insurance excludes flooding, while FEMA aid only partially covers repairs after disasters. Flood risk is increasing due to climate change, as warmer weather leads to more intense rainfall. Homeowners can purchase flood insurance through FEMA's National Flood Insurance Program, which covers significant amounts for homes and businesses. Over 90% of counties are eligible for this insurance, though those outside qualifying areas must seek private insurance options.
Nearly every county in the United States has experienced flooding in the past few decades, but just 4% of homeowners nationwide have flood insurance.
Most homeowners insurance doesn't cover flooding, and while FEMA aid may be available, it often only covers a fraction of the costs.
A warmer atmosphere can hold more moisture, causing more intense rainstorms that lead to heightened flood risks.
Federal flood insurance offers up to $250,000 for homes and $500,000 for non-residential buildings, protecting property owners and their communities.
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