Cost of Flooding

Flood 02Flooding is not just a coastal problem. If you reside in a low-lying area prone to flash flooding, you know that during any torrential downpour–not just in a hurricane season–you’re vulnerable. Insurance companies know it as well, and individuals and business are sometimes required to buy flood insurance AND pay higher premiums. But as Virginia Public Radio’s Tommie McNeil reports, now one General Assembly panel is tasked with studying the problem and finding ways to mitigate the sometimes exorbitant costs.

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