Anyone who doubts how big a risk Long Island and New York City might face should a major hurricane hit the vulnerable region need only examine the extensive damage done when the relatively mild Ernesto hit this past weekend, notes NU Editor-In-Chief Sam Friedman in his blog entry today at www.property-casualty.com.
And Ernesto was "just" a tropical storm, with winds topping out at 55 miles-per-hour. Imagine if it had been 100! Or 125!
Yet, why is it that after all this time, so many homeowners are still in the dark about flood exposures? Are they in denial? Are their carriers and agents failing to keep them properly informed? What else can the government and industry do to alleviate this problem? Go to www.property-casualty.com to post your thoughts.
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