It is likely that Florence exposes gaps in flood insurance

Rescue personnel use a small boat while they check house by house the victims of the Floods in Florence in New Bern, North Carolina on Saturday

Florence is likely to expose gaps in flood insurance: the number of covered homes decreased in the Carolinas compared to five years ago

  • There are 5.1 million active flood insurance policies in the US. UU., Compared to 4.94 million last year
  • Even with recent gains, the five-year trend for the Carolinas is negative
  • It fell 3% in North Carolina and 6% in South Carolina compared to 5 years ago

Associated Press

The number of Americans with flood insurance is increasing, however, Hurricane Florence is likely to make it very clear that too many homeowners in the Carolinas and other vulnerable regions remain unprotected.

Florence reached the coasts in the Carolinas on Friday and its waves of storms, floods and winds dispersed the destruction widely.

Federal data shows that there were approximately 5.1 million active flood insurance policies in the US. UU As of July 31, compared to 4.94 million the previous year.

Rescue personnel use a small boat while they check house by house the victims of the Floods in Florence in New Bern, North Carolina on Saturday

Rescue personnel use a small boat while they check house by house the victims of the Floods in Florence in New Bern, North Carolina on Saturday

North Carolina and South Carolina made modest advances in flood insurance policies, but coverage gaps continue.

Even with recent gains, the five-year trend is negative.

The number of households covered has dropped by 3 percent in North Carolina and by 6 percent in South Carolina compared to five years ago.

A country house is surrounded by the waters of Tropical Storm Florence in Hyde County, North Carolina on Saturday

A country house is surrounded by the waters of Tropical Storm Florence in Hyde County, North Carolina on Saturday

A country house is surrounded by the waters of Tropical Storm Florence in Hyde County, North Carolina on Saturday

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