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No. 6: Choose replacement cost coverage. It costs more, but no one wants to replace their 8-year-old couch with an 8-year-old couch. It provides great peace of mind to know that if you do lose belongings in a flood event, at least you will be able to buy like-quality new products to replace them. (Shutterstock) Partially explaining the gap in flood insurance coverage and U.S. exposure, the survey found that consumers widely believe that flood insurance is expensive, despite the average policy cost in 2019 being roughly $700. (Photo: Shutterstock)

In contrast to the measured flood risk in the U.S., residents significantly underestimate their personal exposure to flooding, a new consumer survey finds.

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Danielle Ling

Danielle Ling is an experienced video journalist and business reporter. As Associate Editor of NU Property & Casualty magazine and NU Propertycasualty360.com, Danielle manages all multimedia and reports on industry news and risk-related coverage, managing all weather-related content. Danielle heads PC360's video production, producing news packages, video interviews, and animated videos. A University of Maryland and Philip Merrill College of Journalism alum, prior to this role, Danielle served as a video journalist for Verizon FiOS 1 News NJ on the show "Push Pause." Connect with Danielle on LinkedIn or email her at [email protected]

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