Beginning this month , anybody shopping for a flood insurance coverage coverage will see a shift in costs as a result of a set of adjustments the Federal Emergency Administration Company has referred to as Danger Score 2.0.

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“The best way that the charges are literally set is lengthy overdue for an overhaul and has not been up to date in many years, so Danger Score 2.0 actually brings the entire insurance coverage system into the twenty first century with updates which can be primarily based on extra granular knowledge about a person property,” Laura Lightbody, director of