Property owners in areas now deemed at highest risk may face increases of$ 5, 000 to$ 10, 000 annually for their flood insurance, a change that could lower property values, create economic hardship for homeowners, and increase foreclosures and short-sales, according to the study....
“ Flood-insurance take-up in high-risk areas is already spotty, and the higher rates will create financial challenges for many.” When Hurricane Sandy struck New York City in October 2012, it flooded land in all five
社会
Energy and Environment(能源与环境)
2021-12-10 00:00:00.0