High cost of insuring against true risk of flooding creating ‘serious sticker shock’

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Dec. 26, 2013

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For years, subsidized flood insurance rates allowed financing for the construction of millions of homes and businesses in flood-prone areas around the U.S. To shore up the finances of the National Flood Insurance Program in the wake disasters like Hurricane ...

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