Florida homeowners might soon find the state's largest insurer against flood — the federal government — is getting out of the business, or significantly shrinking its role, according to a ...
Despite a ‘rain bomb’ that flooded this home in the Edgewood neighborhood of Fort Lauderdale in April 2023, property values there have largely rebounded in the months since. Matias J. Ocner ...
STUART, Fla. — As Florida continues to face increasing flood threats from recent storms, many homeowners are still choosing to forgo flood insurance, potentially leaving themselves vulnerable to ...
A for sale sign posted in a flooded area of Holiday Acres Mobile Home Park in Hialeah after an intense rainstorm in June 2024. Experts say it’s a matter of when flooding risk affects Florida home ...
The National Flood Insurance Program's reauthorization is tied to a potential government shutdown, with a deadline of Sept. 30. An expiration of the program would halt new policies, potentially ...
The National Flood Insurance Program's authorization expired due to a government funding standoff. Existing policyholders are still covered, but new policies and some renewals are not a given. The ...
Homeowners' insurance and flood insurance are typically sold as separate policies. Most flood insurance policies have a 30-day waiting period before they become active. It is difficult to get new ...
The clock is ticking on the federal flood insurance program, and Florida real estate could take the biggest hit if Congress fails to act. The National Flood Insurance Program, which covers nearly 1.8 ...
Flood insurance is a separate policy that covers storm surges, rising water, and ground flooding damage that your regular Florida home policy will not pay for. It is one of the few safeguards standing ...
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