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The federal flood insurance program is making more repeat payouts
By Matthew GriffinOnly about 4% of Americans have flood insurance, though one analysis pegged that figure at 2.5% or lower.
News and information for property & casualty insurance agents & brokers on coverage and policy issues, including policy analysis related to whether a client’s loss is covered. Coverage questions are answered as to who is liable in the event of a loss, in order to most effectively serve the client when a claim is filed.
Only about 4% of Americans have flood insurance, though one analysis pegged that figure at 2.5% or lower.