Yeah, that’s fair. For the most part in the US insurance companies charge you based on the 100-year flood plan for a given area. A place is in danger of flooding They charge you a significant amount of money for your home insurance which is required to get a loan for a home.
With the escalating climate issues however, I suspect a lot of those insurance rates are under covered.
Yeah, that’s fair. For the most part in the US insurance companies charge you based on the 100-year flood plan for a given area. A place is in danger of flooding They charge you a significant amount of money for your home insurance which is required to get a loan for a home.
With the escalating climate issues however, I suspect a lot of those insurance rates are under covered.