Mortgage lenders require flood insurance on homes in certain FEMA-designated flood zones. Typically, the coverage requirement is either the full replacement cost of the home, the maximum amount ...

It’s the middle of hurricane season, and meteorologists say we’ve been lucky so far. Of the nine named storms and three hurricanes that have formed this season, only one short-lived tropical storm has ...

Over the past 20 years, 99% of U.S. counties have experienced a flood event, according to the National Flood Insurance Program by the Federal Emergency Management Agency. While floods can be bigger ...

Homeowners and renters are urged to review their insurance policies, as standard policies often exclude flood damage, requiring separate flood insurance. Flood insurance can be purchased through ...

Ever since the National Flood Insurance Program was created in 1968, the federal program has struggled to find the sweet spot of how much to charge for the coverage.

The flood insurance program faces a Sept. 30 deadline. Major elements can disappear without Congressional action. Participation in the program is already extremely low and sinking fast because of ...