Florida is the No. 1 state for the national flood insurance program, which fills the void left by standard insurance policies that don’t cover damage from rising water. The state accounted for 2.2 million, or 40 percent of the federal program’s policies in 2007. To avoid paying too much for their premiums, homeowners should review their flood insurance polices with their agents to be sure they’re in the right risk category.
Read the full story here.
