Archive for Monday, March 13, 2006

Hurricanes don’t spur policy rush

March 13, 2006


Hurricanes and flooding raged for many Americans last year, but that hasn't prompted a run on flood insurance.

A survey by insurer Chubb Group finds that only 8 percent of 700 queried homeowners saw the destruction of Katrina and Rita as motivation to get some insurance for their home. Only 14 percent of the total group has flood insurance.


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