Harvey Destruction And The Nation’s Struggling Flood Insurance Program
By: Sacha Pfeiffer | NPR | 8/29/2017
Underwater. Devastating floods in Texas put the spotlight back on the nation’s troubled flood insurance program. We’ll take it up.
The deluge continues in Houston and the flooding aftermath is intense. By the time this storm is over, houses in the region are expected to suffer up to $30 billion in damages. But the National Flood Insurance Program is already in rough shape – heavily in debt and politically at risk. Without it, how will homeowners cover their losses? Up next, On Point: the cost of flood insurance and whether more of us may be at risk of flooding than we know.
To listen to the full interview click here.