The National Flood Insurance Program (NFIP) offers flood insurance for those who live in participating communities. However, these NFIP policies typically only cover up to $250,000 in damages for most residential properties. Private insurers, on the other hand, are beginning to offer more comprehensive coverage options for coastal areas, but these policies are often more expensive than traditional policies.  (SeanPavonePhoto/Adobe Stock) The National Flood Insurance Program (NFIP) offers flood insurance for those who live in participating communities. However, these NFIP policies typically only cover up to $250,000 in damages for most residential properties. Private insurers, on the other hand, are beginning to offer more comprehensive coverage options for coastal areas, but these policies are often more expensive than traditional policies.  (SeanPavonePhoto/Adobe Stock)

With climate change intensifying and coastal areas becoming increasingly affected, how will people in those areas secure insurance coverage?

The lack of robust coverage options in coastal regions is a result of many insurers leaving these areas due to the high risks involved.

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