Feeling the heat (and water) in Florida? 🌊 With the US government shutdown stretching into week two, the US federal flood insurance program has come to a full stop. No new policies or renewals—just when homeowners need it most.
Backed by roughly $70 billion in annual economic activity, this program helps families bounce back after major floods. Now, with everything on pause, repair costs from a sudden storm could land squarely on your wallet. 🏠💸
Think of it like facing a monsoon in Mumbai or a typhoon in Manila without any cover—pretty scary, right? As hurricane season revs up, Floridians might find themselves vulnerable without this crucial safety net.
Lawmakers must break the deadlock to restore support. Until then, homeowners will be keeping a close eye on the skies—and their bank accounts. ☔️
Reference(s):
Federal flood insurance program halts amid government shutdown
cgtn.com
