Inland areas have suffered severe flooding in recent years, experts note. And standard homeowner policies don’t cover flood damage.
Category: National Flood Insurance Program
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IPOs, Inflation Data and More Are at Risk in a Shutdown
Important economic data could be delayed, as could regulators’ decisions on mergers and new public listings.
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Government Shutdown May Hurt Home Sales in Flood-Prone Areas
Congress funds a flood insurance program that many home buyers in risky areas rely on. The money is about to run out, a real estate trade group warned.