Flood Insurance Rates Are Spiking For Many, To Account For Climate Risk

By: Greg Allen | NPR
Posted on: Friday, October 15, 2021

WASHINGTON, D.C. (NPR) — The cost of federal flood insurance is rising for millions of homeowners, threatening to make homes in coastal areas unaffordable for many. The Federal Emergency Management Agency says its new rates better reflect flood risk in a warming climate. There may be few places affected more by the new risk rating… Read More