In cities with floodplains but no recent catastrophic events, few homeowners actually have flood insurance
From fires in California to flooding along the Atlantic, homeowners are going to have to brace themselves for higher bills as climate change leads to extreme disasters
Veros' new AVM add-on can show exactly which areas were impacted by wildfires, floods, earthquakes and more, helping lenders determine whether to issue a mortgage
The plan comes as officials struggle to reform the federal flood insurance program, which is deeply in debt
NAR estimates 40,000 home sales per month are in trouble as FEMA freezes NFIP during the government shutdown
A GOP aide tells Inman action is anticipated soon
But the extension only lasts 4 months, the program is $20B in debt, and lawmakers delayed major reforms needed to keep it solvent in the long-term
1,744 Puerto Ricans will be able to stay in transitional housing until July 23, as a Latino civil rights group continues to lobby for long-term assistance from FEMA
NFIP is getting a slight makeover, and the country's largest trade association weighed in
Federal agency wants to double flood insurance policies by 2023
Maintain a mindset of service
Encourage your buyers: don't wait to appraise your house when it's underwater
Encouraging, educating clients about flood insurance equates to another service agents can provide
Help your clients before they buy their home
Nearly 21,000 flood insurance policies purchased in November