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As California begins to dry out from its recent deluges, one stark reality is coming into focus: Only 230,000 homes and other buildings are insured against flooding in a state with about 39 million residents
Only about 2% of properties in the state are covered, with drought dulling people's sense of the risk.
As California dries out from its recent deluges, one stark reality is coming into focus: Only 230,000 homes and other buildings are insured against flooding in a state with about 39 million residents.
In California, only about 230,000 homes and other buildings have flood insurance policies, which are separate from homeowners insurance. That means only about 2% of properties are covered against flooding.
California's heavy rains come as only 230,000 homes and other buildings are insured against flooding in a state with about 39 million residents.