Court fight looms between property owners, insurance firms as most do not cover flood damage.
Only about a third of the Florida homes in the two coastal counties devastated by Hurricane Ian have insurance policies covering flood damage. Flood damage is usually excluded from standard homeowners’ policies throughout the US.
The Wall Street Journal reported that in some of the inland counties that also suffered severe flooding from Ian, only a handful out of every 100 homes that were destroyed have specific flood coverage.