FEMA says its new rates better reflect the risk from more intense and frequent rain and floods. The increase could make housing unaffordable for some in the most flood-prone areas.
FEMA says its new rates better reflect the risk from more intense and frequent rain and floods. The increase could make housing unaffordable for some in the most flood-prone areas.
Flood insurance rates are spiking for many, to account for climate risk kunr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kunr.org Daily Mail and Mail on Sunday newspapers.
Millions of homeowners with federal flood insurance are seeing their rates spike, in some cases by thousands of dollars. FEMA says the new program better reflects the real risks of climate change.
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