Nationwide, only half the 10 million properties that need flood insurance have it, said Roy Wright, who runs the National Flood Insurance Program.
FEMA, which is ultimately responsible for enforcing flood insurance requirements, did not respond to an email seeking comment from its Washington office on Wednesday.
The latest forecasts suggest Irma's most destructive winds could carve up much of Florida's priciest real estate, damaging properties from the Florida Keys through Jacksonville as it swirls north.'This could easily be the most costly storm in U. history, which is saying a lot considering what just happened two weeks ago,' said University of Miami hurricane researcher Brian Mc Noldy.
We hear a lot about nosy coworkers here — from the person who opened everyone’s paychecks to see what they earned to the pushy dietician who demanded people track and report their eating, and oh so many more.
For some reason, some people think they can ask about your finances, your weight, your reproductive plans, your sex life, and all sorts of other things you might prefer not to share.
I’ll use the best answers in an upcoming column (keeping you anonymous, of course), so please share in the comments!
As Hurricane Irma bears down on Florida, an Associated Press analysis shows a steep drop in flood insurance across the state, including the areas most endangered by what could be a devastating storm surge.
Insurance companies are still tallying the damage from Hurricane Harvey's extended stay over southern Texas in August, but insured losses are estimated at billion, and that's a fraction of the billion or more in losses due to flooding alone that could have been insured, according to the catastrophe modeling firm AIR Worldwide.
No one is expecting Irma to flood Florida on a similar scale.
Still, many Floridians could find themselves with no money for flood repairs, just like people in Houston, where flood coverage dropped by 9 percent since 2012.