Many residents in Southwest Florida could face a significant increase in flood insurance costs under the Federal Emergency Management Agency s forthcoming Risk Rating 2.0, and those prices are expected to rise with the sea levels because of climate change.
Even though the biggest change ever in how the National Flood Insurance Program calculates premiums is scheduled to take effect in just over seven months, FEMA and its recent revolving door of leaders haven t shared those details with Americans.
However, a public service by our USA TODAY Network in partnership with nonprofit First Street Foundation gives the opportunity for the first time to look up your address to see average financial loss due to flood damage that dictates potential insurance costs. (Print readers can type firststreet.org on their browsers to get started.)
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Climate change, rising sea levels to increase cost of flood damage by $34 billion
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