Number in Fla. with flood ins. down 16% in 5 years

Bobby and Lindsey
Published on September 6, 2017

Number in Fla. with flood ins. down 16% in 5 years

Why the drop? In part, people forget: Memories of 2005’s Hurricane Katrina have faded. But flood insurance prices have also risen, and some banks haven’t been enforcing the mandatory-coverage rule for federally insured mortgages in high-risk zones.

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