Flood insurance coverage through NFIP suspended: How homeowners in flood-prone areas can stay protected
Flood insurance coverage through NFIP suspended: How homeowners in flood-prone areas can stay protected
Flood insurance coverage through the National Flood Insurance Program (NFIP) is currently suspended. Realtors are warning this could lead to a stall in home sales along the coasts, potentially shifting the real estate market in the long-term. Kip Sowden, CEO and Chairman of RREAF Holdings, joins FOX Weather to discuss what homeowners in flood-prone areas can do to protect themselves while new flood insurance policies are inaccessible.