X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
An estimated 62 million homes should have flood insurance. But only 5.1 million do. With coverage as low as $1 per day, logic, not laws, should prevail. In this photo, floodwaters from Tropical Depression Imelda surround a home in Winnie, Texas.  (Brian Hawthorne/Chambers County Sheriff's Office via AP) An estimated 62 million homes should have flood insurance. But only 5.1 million do. With coverage as low as $1 per day, logic, not laws, should prevail. In this photo, floodwaters from Tropical Depression Imelda surround a home in Winnie, Texas.  (Brian Hawthorne/Chambers County Sheriff’s Office via AP)

Imagine an individual is driving around house-hunting. The person spots a real estate sign in front of a particularly nice house that reads, “No flood insurance required!”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

America's Claims Executive (ACE) 2020Event

ACE Leadership Forum & Expo is the annual conference for Senior Claims Executives in Insurance organizations.

Get More Information
 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.