98 Percent of Households Flooded by Hurricane Helene Won't Get Insurance Payouts
Briefly

from subscriber.politicopro.com5 months ago
In dozens of counties in Georgia, North Carolina and South Carolina that were flooded by Helene, less than 1 percent of households have flood insurance through the federal program.
subscriber.politicopro.comhttps://subscriber.politicopro.com/article/eenews/2024/10/02/the-next-disaster-few-in-helenes-wake-are-insured-for-flood-damage-00181952
People never thought they would have a problem with flooding, said Jimmy Isaacs, fire chief of Boone, North Carolina, where less than 2.5 percent of households are insured. It's going to be a difficult recovery.
subscriber.politicopro.comhttps://subscriber.politicopro.com/article/eenews/2024/10/02/the-next-disaster-few-in-helenes-wake-are-insured-for-flood-damage-00181952
Helene is highlighting the major gaps in U.S. flood insurance and their consequences as climate change amplifies flood risk both from coastal storm surge and rapidly overflowing rivers.
subscriber.politicopro.comhttps://subscriber.politicopro.com/article/eenews/2024/10/02/the-next-disaster-few-in-helenes-wake-are-insured-for-flood-damage-00181952
In North Carolina, South Carolina and Georgia, just 2 percent of households in counties that are declared a federal disaster area have FEMA flood insurance, according to an analysis.
subscriber.politicopro.comhttps://subscriber.politicopro.com/article/eenews/2024/10/02/the-next-disaster-few-in-helenes-wake-are-insured-for-flood-damage-00181952
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#flood-insurance #hurricane-helene #climate-change #southeast-united-states #economic-impacts
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