USA Today: Flood-prone homeowners could see major rate hikes in FEMA flood insurance changes, new study finds

USA Today: Flood-prone homeowners could see major rate hikes in FEMA flood insurance changes, new study finds. “The First Street Foundation calculated ZIP code-level averages of the financial toll of flood damage by collecting home values and structural information for every single-family and small multi-unit dwelling in the nation and applying it to its previously published flood model with damage formulas. First Street calculated its figures for about 26,000 ZIP codes in the lower 48 states and D.C. ZIP codes without data are not included.”

Leave a Reply

%d bloggers like this: