With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

As Congress negotiates a short-term deal to keep the government funded and avoid a shutdown on October 1, homeowners might not be thinking about their flood insurance. But most flood insurance ...

A truck barrels through flooded Old Bridge Drive on Aug. 6, 2024, at The Farm in Bluffton, S.C. after Tropical Storm Debby came through the overnight hours. Drew Martin [email protected] It’s a ...

As Congress negotiates a short-term deal to keep the government funded and avoid a shutdown on Oct. 1, homeowners might not be thinking about their flood insurance. But most flood insurance policies ...

Nearly every county in the United States has experienced flooding in the past few decades, but just 4% of homeowners nationwide have flood insurance, according to the Federal Emergency Management ...

With the government shutdown in its 21st day, one significant impact is hitting some homeowners: The halting of new federal flood insurance policies. The National Flood Insurance Program (NFIP), which ...

Funding authorization for a federal program providing flood coverage to millions of Americans across the country is set to expire on September 30, unless Congress extends it before the looming ...

A federal government shutdown has halted the issuance of new National Flood Insurance Program policies. Private flood insurance is filling the gap, allowing real estate transactions to continue.

Homeowners' insurance and flood insurance are typically sold as separate policies. Most flood insurance policies have a 30-day waiting period before they become active. It is difficult to get new ...

The National Flood Insurance Program's authorization expired due to a government funding standoff. Existing policyholders are still covered, but new policies and some renewals are not a given. The ...

For more than a month, a lapse in funding froze Americans' largest provider of flood insurance. The National Flood Insurance Program, which accounts for 90% of all U.S. flood policies, often couldn't ...