Money Digest on MSN

The average cost of flood insurance

For homeowners needing flood insurance, there are basically two options available to you: the government-backed NFIP and a ...
The National Flood Insurance Program, which accounts for 90% of all U.S. flood policies, often couldn’t sell or renew coverage during the 44-day government shutdown.1 The budget bill that ended the ...
Sticker shock is common when shopping for Miami home insurance. Preparation is how smart buyers stay in control.
Higher prices more accurately reflect risk but prompted an exodus of low-income policyholders, a new study finds.
In spite of rising costs, Floridians aren’t ditching their flood insurance policies, a new study found. But the rest of the nation is dropping flood policies at a rate that could endanger the federal ...
Across the United States, climate change is driving more intense and frequent flooding, putting millions of homes and neighborhoods at growing risk. In our new study, "Effects of Risk-Based Pricing ...
MariaElviraSalazar and Kathy Castor reintroduced the Continuous Coverage for Flood Insurance Act, legislation thatwouldhelplower costs by ensuringthe Federal Emergency Management Agency ...
Withdrawals are increasing as the government hikes its premiums to in part compensate for damage associated with climate change. Nearly a quarter-million households have dropped flood insurance ...
A new study finds that many homeowners face a higher flood risk than they expect due to inaccurate FEMA flood maps. Learn more.