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Market Updates

Flood Insurance – How has it Changed?

flood insuranceDid you know that about 41 million Americans live in flood zones?

We’re four months into the start of the hurricane season (June-November) as this is published in September. Residents in flood-prone areas may be in for a nasty surprise before the season is through. While we were writing this piece, Hawaii was watching a storm in the Pacific.

Just last year, Hurricane Harvey and three Category 4 hurricanes made their way into the United States. They damaged hundreds of homes in parts of Louisiana and Texas with floods measuring up to 50 inches in certain areas.

The next hurricane to hit the United States was Irma – the Category 5 hurricane that affected the islands along the coast of Southeastern U.S. and then making its way to Florida. Did you see what it did to the Caribbean and Puerto Rico?

Remember Hurricane Jose? Just another hurricane that made it to the East Coast the same week as Irma.... maybe you didn’t hear about that one. It was…

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