Thank you for sharing!

Your article was successfully shared with the contacts you provided.
If your clients are feeling swamped with flood insurance information, please join us on Twitter on August 24 at 12 PM EST! 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.

“The industry must increase its focus on educating consumers, real estate agents, lenders, and anyone involved in residential properties,” says Jim Albert, chairman and co-founder of Neptune Flood in St. Petersburg, Florida.

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


  • 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?

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.

More from this author



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 © 2022 ALM Global, LLC. All Rights Reserved.