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Increase insurance penetration and accessibility

Local governments should work with both federal and private insurance providers to increase flood insurance penetration in their jurisdictions. Flood risk information needs to reach everyone, and not only those that live in the 100-year floodplain and have federally-backed mortgages. But increasing insurance coverage alone is not enough. FEMA processes and rules, and the constraints on NFIP payouts make it unappealing to many homeowners. These processes and rules need to be made more flexible to increase insurance penetration.

PERC Reports