Source: FWC Nearly five months after Hurricane Ian hit Florida, the National Flood Insurance Program has paid about $2.29 billion in claims from t
Nearly five months after Hurricane Ian hit Florida, the National Flood Insurance Program has paid about $2.29 billion in claims from the Category 4 storm, the Federal Emergency Management Agency said Tuesday.
Ian made landfall on Sept. 28 in Southwest Florida and continued causing flooding as it crossed the state.
Residents who have mortgages on properties in designated flood zones are required to have flood insurance, which is mostly purchased through the federal program.
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But most Floridians don’t have flood insurance, exacerbating problems from Ian.
Residential property-insurance policies cover wind damage, but not flood damage.
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