How will flood insurance updates affect New York and New Jersey homeowners?

Posted by John Cofini on Wed, Jul 16, 2014 @ 10:44 AM

When Hurricane Sandy slammed into the east coast in October 2012, few could have predicted the massive devastation. New York City saw a record storm surge of water and widespread flooding. Over 7.5 million businesses and households in fifteen states and the District of Columbia were plunged into darkness without electricity. Kinetic Analysis Corporation estimated the overall economic impact from Sandy could be as high as $25 billion.

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Tags: new york business insurance, flood insurance, flood insurance updates, flood insurance premiums