Why Flood Insurance Is Failing The U.S.


2020 is officially the busiest hurricane season on record and flooding is one of a storm’s most devastating consequences. FEMA estimates one inch of flood water can cause up to $25,000 in damage. The U.S. began offering nationalize flood insurance in 1968 but the program, called the NFIP, is now over $20 billion in debt. Private companies are starting to offer flood insurance as well. However, flood insurance is more complicated than it may appear. Watch the video to better understand how flood insurance works, and doesn’t work, in the U.S.

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How Flood Insurance May Encourage Dangerous Building Practices


Ath 1434 December 6, 2020 - 6:24 AM

That’s what you get for ignoring science everyone

Hiking Lang December 6, 2020 - 12:36 PM

Feds need to get out of the flood insurance business and let private insurance take over.

fzr600rr December 6, 2020 - 8:28 PM

I looked at the flood maps before I bought my house, then went and looked at what could cause flooding in the immediate area. I then found the daughter of the man who built the house and lived in it for 70 years. She said it had been up to the driveway but no further since 1947 and the creek had been dug out so there hasn't been an issue since then. Do research before you buy a home. If you buy a house on the coast, do some research about elevation, floods, storm drain efficacy, etc.

AnimePabu December 6, 2020 - 11:49 PM

Me watching living in a desert(arizona) 👀

Ryan T December 7, 2020 - 8:36 AM

Oh Shepherd Smith, 2020 wasn't the first time we've reached the Greek alphabet. The 2005 season did as well.

Lok Tom December 7, 2020 - 2:45 PM

My region have little to no flooding or wild fire 🔥.
But the private insurance companies were creeping up the policy premium up, up, up and higher every year.📈📊📈⬆️☑️.
Another government and their ELITES CLUB MEMBERS bed buddies business.

Shuckle December 7, 2020 - 3:54 PM


ele December 7, 2020 - 10:56 PM

Can't relate, I'm European 😎

Patrick Byrne December 8, 2020 - 12:11 AM

Drew Barrymore narrating

TheMXyMAG December 8, 2020 - 2:15 PM

I have no regrets.

That's not what your tone said

Michael Heider December 9, 2020 - 4:39 AM

Just because you csn get insurance doesn't mean you should build in flood zones. Build on stilts. New construction actually causes flooding for older houses too, not there fault.

Mule Official December 10, 2020 - 12:06 AM


Dirty Commie December 10, 2020 - 10:02 PM

3:05 I'm shocked that my home state of Maryland is not on the top 10 list.

Dirty Commie December 10, 2020 - 10:06 PM

As someone who's worked in Emergency Management since 2017, I can tell you for a fact that Flood Insurance is extremely expensive and unaffordable for most homeowners who need it. FEMA is the de facto Flood Insurance for the U.S.

Felaeia Feline December 13, 2020 - 11:25 AM

People should make houses without wall windows and doors and just make their windows made of stone and their passage should be ladders instead and if they want to put something to the house they should make a ramp like a castle. 😛

DHRGKBQXTJR December 14, 2020 - 8:37 AM

"Flood insurance is inherently complicated…"
Because flood insurance is inherently a scam to take your money with no intention of paying out.

Mark Williams December 14, 2020 - 5:24 PM

All insurance is a scam!!! They love to collect and won’t pay out! There is almost always fine print that gets them out of paying. Car, medical, home etc etc it’s all a rip!

X Hawkeye December 15, 2020 - 10:26 PM

Don't live on the coast or near a lake or river. Problem solved.

Terri Gomez December 17, 2020 - 1:23 AM

The ordinary disadvantage immunochemically alert because sudan extracellularly scorch above a mellow begonia. uppity, hateful morocco

legoscout roblox December 20, 2020 - 6:16 PM

then dont build on flood plains or marsh lands that water has to go some where, dont even think about flood defences as they do the exact opposite down stream

Jonathan Blood December 21, 2020 - 11:57 AM

You’re interviewing people who build in flood zones… really. How about talking to people in Arizona, Utah, etc… yeah, that’s what I thought. I love paying extra taxes for people who intentionally build in risky areas. Thanks!

Lawrence818 Fernandez December 22, 2020 - 12:32 AM

Can you imagine the amount of socialist that ask the government during natural disasters!

kariminalo December 22, 2020 - 9:01 PM

If a state can't build decent wastewater infrastructure, it doesn't deserve to be inhabited.

MoVieZafterMidNiGhT December 23, 2020 - 7:11 PM

flood insurance is a scam! They are only talking if the sewer & drains back up in your basement with flood water in basement from those connections, it is NOT talking about "acts of god" floods…
The world is selling us what we don't need.. People even shove their money in the pockets of internet service providers paying for high speed internet even though almost every server they connect to is only sending out at 1 mbps… not 50… so unless they are running a business with a bunch of computers then paying for high speed is literally shoving your money in their pockets! People don't look at the numbers though, for the most part they just don't give AS! Unless something is influencing their world most people really DO NOT GIVE AF! Just the simple fact that ground zero smoldered for over 3 months afterward, getting so hot it was melting worker boots and they had to shut off the water as it was just "feeding" it making it worse!!! If that doesn't tell the average person that 9/11 was an inside job then building 7 falling without even being hit, 30 minutes AFTER BEING REPORTED THAT IT FELL by BBC should still be enough on its own to warrant further inspection, but everyone in USrael screamed bloody murder with mayor rude jewleone in NY and went on their war escapades looking for non-existent "weapons of mass distraction"!!
people are morons and don't care much about anything not in their immediate vicinity… we are doomed and past the point of no return.. it is all downhill from here and will be lucky if we get to 2100 without either destroying ourselves or becoming complete slaves to the xionists taking over Palestine & the world with their phantom currency for a phantom economy paid for in our blood!

Tenzack YOGI December 23, 2020 - 8:24 PM

Insurance is scam.. Goodluck of getting claims..

Brian December 24, 2020 - 2:27 PM

If you are stupid enough to buy property in a flood plane… you deserve what you get👍

Phillip Mulligan December 29, 2020 - 8:34 AM

Sadly, it seems the majority of the worlds land is prone to flooding. Waterways, rivers and coastlines is where man prefers to build because the water provides so much opportunity for farming and commerce. There is not a single human settlement that can sustain itself without being near a water way of some kind so the occasional flooding has to be expected. No home is safe from flooding.

German Henry January 5, 2021 - 6:17 PM

Build your house on stilts or just get rid of the bottom floor lol jk

Ramsay March 21, 2021 - 2:24 PM

No problem; just borrow more money from China, what's the difference the government borrow money from China to fight wars and everything else.

Vivian Lopez April 4, 2021 - 7:34 PM

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Randall Bermudez April 25, 2021 - 9:38 AM

Mangrove trees prevent flooding.

Regina Fisher April 25, 2021 - 2:38 PM

Raise the rates for people in the worst zones my gosh this is crazy and catastrophic we are literally doomed

Krystyl Summers July 12, 2021 - 2:41 PM

Military housing nice try

gina delsasso August 2, 2021 - 3:29 AM

Instead of the government wasting money on subsidizing these peoples insurance they should prevent new owners from buying in these areas and start buying their homes back for imminent domain in the name of flood plains.

Chris Vaiuso August 12, 2021 - 10:48 PM

The ONLY thing the NFIP should be doing is buying out flooded properties. The government should not be helping yuppies afford beach houses.

Today’s Tomorrow August 26, 2021 - 5:36 AM

$10k per year I was quoted for flood insurance. I am not near water and I have a small home. I can’t afford $1k per month. That’s not right!

Anne* 411 September 4, 2021 - 4:59 AM

So hurricanes got to the greek alphabet like covid mutations have.. My home insurance made me get earthquake insurance since I live on the Hayward fault in California. Yet they are not forcing others to get flood and hurricane insuarnce??? TF is wrong with this picture when insurance has to pay out on policies and they ready to run

Tsering Samdup September 5, 2021 - 7:13 AM

Why government make it mandatory to have house insurance while they don't even covers for flood!! That's is scam!!

P Thomas September 12, 2021 - 10:25 PM

The problem with flood insurance is they love collecting outrageou$ premium$ yet refusing to pay their liabilities$.

As usual their busine$$ is a racket; interested ONLY in huge CEO $alarie$ and profiteering…. They always wait for the taxpayers to pick-up the tab, (thru declared disaster areas) while big insurance book$ the profit$.

It is past time for big insurance to PAY FIRST (their full limits of liability) before ANY disaster relief is granted.


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