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8 States Where Flood Insurance Is Running Dry

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Due to climate change, natural disasters have become more intense, resulting in more damage when storms occur. With more flooding and more opportunities for flood damagehomeowners should look for policies with flood insurance.

Read more: Flooding to cost GSE, VA, FHA $275 million this year: study

States in the eastern part of the United States, which are more likely to experience these storms, see a decrease in properties with flood insurance policies between 2023 and 2024. On this list, Pennsylvania saw a decrease of 3.94 % of properties with flood insurance coverage.

Read more about states with flood insurance issues.

Source: Neptune Flood

State Percentage of properties with flood insurance Number of policies 2024 Number of policies 2023 Year-over-year percentage change in coverage
Florida 12.00% 1,089,386 1,076,596 1.19%
Georgia 1.56% 65,571 68,093 -3.70%
South Carolina 6.45% 138,124 142,505 -3.07%
North Carolina 2.64% 115,035 118,018 -2.53%
Pennsylvania 0.74% 40,755 42,426 -3.94%
new york 1.65% 134,127 135,856 -1.27%
New Jersey 3.78% 138,730 141,792 -2.16%
Connecticut 1.61% 24,073 24,343 -1.11%

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