That is covered by the National Flood Insurance Program, a part of the Federal Emergency Management Agency. Los Angeles County, with more than 10 million residents, has only 14,600 flood insurance policies in force. Even some of those with flood insurance could find their policies won’t cover all of their losses. Flood insurance can be required by mortgage lenders on homes in federally designated flood plains. The NFIP estimates that more than 40% of NFIP flood insurance claims come from outside the high-risk flood zones.

Source: CNN February 05, 2024 17:09 UTC