Flooding is a critical risk in Florida because of the state’s geography and proximity to water, both inland and on the coast. The NFIP changes embrace the implementation of annual surcharges on all new and renewed policies for both primary/non-primary residences and non-residential properties, price will increase for a majority of policyholders, and a brand new deductible possibility.

You can purchase federal flood insurance from the National Flood Insurance coverage Program The insurance coverage policies are backed by the federal authorities, which sells it directly, and thru dozens of personal insurance corporations all through the nation.

While the flooding in …