Is Flood Insurance Too Expensive?

View on The Hill website

Date

Dec. 8, 2016

News Type

Media Highlight

Source

The Hill

"The news has routinely profiled homeowners bemoaning the costs of flood insurance or citing annual premiums that are certainly cringe-worthy. Over the last several years there has been concern about the affordability of flood insurance. It is necessary to realize, however, that there are really two separate discussions in this debate: (1) Does paying for flood insurance create financial hardship for a family? (2) Do families think flood insurance is just not worth it?"

Topics

Related People

Dr. Carolyn Kousky

Nonresident Fellow

Dr. Carolyn Kousky is a nonresident fellow at RFF and Associate Vice President for Economics and Policy at Environmental Defense Fund.

Leonard A. Shabman

Senior Fellow

Len Shabman is a Senior Fellow at RFF. His current work balances time spent in research with advisory activities in order to have a direct bearing on the design and execution of water and related resources policy.

Related Content

Working Paper — Dec 15, 2023

Managed Retreat and Flood Recovery: The Local Economic Impacts of a Buyout and Acquisition Program

This working paper evaluates the property- and neighborhood-level impacts of a buyout and acquisition program in New York State following Hurricane Sandy.

Explainer — Dec 13, 2023

Flooding in the United States 102: Policy and Solutions

This explainer details several policy tools aimed at reducing our communities' exposure and vulnerability to flood risk.

shutterstock_2376824867_school buses in flood

Resources Radio — Dec 12, 2023

How Do Natural Disasters Affect Students?, with Isaac Opper

Isaac Opper discusses the effects of natural disasters on education outcomes for students and the resulting stock of skills in the US labor force.

Resources Magazine — Oct 4, 2023

Achieving Justice by Putting Vulnerable Communities on the Map

Screening tools can help prioritize communities that can benefit the most from federal investments. This Q&A with Eric Tate tells more.