Finding Opportunities in Insuring Flood
In this interactive map report, CoreLogic examines two use cases that identify opportunities for Insurers to offer flood insurance to underinsured homeowners at risk of flooding:
- Storm Surge Along Atlantic and Gulf Coast of US inside and outside Special Flood Hazard Areas (SFHA).
- Inland Flooding Along the Mississippi River inside and outside Special Flood Hazard Areas (SFHA).
Data analysis from the report highlights the need for insurers to granularly identify flood risk and up to date reconstruction values to better distribute risk and understand potential underinsurance exposure -- to help protect people's homes and businesses if faced with flood loss.