Twenty-five billion dollars: that’s the estimated cost of Hurricane Sandy. When all the insurance claims are paid out and the rebuilding is done, Sandy will earn its place as the second most expensive storm for the National Flood Insurance Plan (NFIP), right after 2005’s Hurricane Katrina. Who’s paying for all that damage?
Our interactive graphic to the right shows how some states paid less in premiums than they received in claims, while other paid more.
INTERACTIVE GRAPHIC: Click above for our graphic showing disparities in what some states paid and received in flood insurance over the last three-plus decades.
