If your clients are feeling swamped with flood insurance information, please join us during the"Back To School: Educating Your Clients on Flood Insurance" Twitter Chat on August 24 at 12 PM EST.
According to a 2019 Verisk study, less than 5% of U.S. homes have any flood insurance, even as nearly 50% of U.S. homes are at moderate to extreme risk of flooding. The most recent Neptune Consumer Survey of Flood Awareness paints a bleaker picture: Sixty percent of respondents believed their homes were at "low to no risk" of flooding, while one in three respondents believes their home is "not in a flood zone" and 33% of homeowners don't even know what flood zone they are in.
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Richard Binder
Richard Binder, based in New York, is part of the social media team at ALM. He is also a 2014 recipient of the ASPBE Award for Excellence in the Humorous/Fun Department.
