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Maximum Home Flood Insurance Plans Increase

Maximum Home Flood Insurance Plans Increase

| Jul 08, 2013 | Housing Market

According to information from The Government Accountability Office, the National Flood insurance Program has increased to 1.3 trillion policy holders. Experts suggest the program has room for improvement such as increasing coverage limits, although, many improvements to the program have already taken place in hopes of avoiding flood related losses. Additionally, homeowners with maximum coverage jumped from 11% to 42% over the last 10 to 11 years. More here

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