Florida homeowners face financial nightmare after severe flooding exposes insurance coverage gap

More than 12 inches of rain inundated homes and left cars stranded in parts of South Florida, leaving some homeowners facing another costly challenge: paying for repairs without flood insurance.

Here’s what to know

The Ibis community in West Palm Beach suffered particularly severe flooding last week, with submerged streets and dozens of vehicles left stranded, according to WPTV. Some residents elsewhere in South Florida and the Treasure Coast had to evacuate because of the downpour.

Local resident Lee had expected her move west to eliminate the need to pay for flood insurance. Much of Ibis is outside federally designated high-risk flood zones, and some residents have no flood coverage.

“Who thought?” she said. “We moved west so we didn’t have to get the flood insurance.”…

Story continues

TRENDING NOW

LATEST LOCAL NEWS