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2% 15% 3,743 Tennessee 72% 28% 5% 15% 0. 4% 9% 27,507 Texas 86% 14% 3% 8% 0. 1% 4% 768,537 Utah 47% 53% 1% 18% 0. 1% 10% 3,755 Vermont 67% 33% 8% 23% 1. 0% 17% 3,330 Virginia 55% 45% 2% 17% 0. 1% 9% 104,781 Washington 67% 33% 4% 20% 0.

0% 8% 13,337 Wisconsin 56% 44% 2% 27% 0. 1% 17% 12,949 Wyoming 67% 33% 3% 22% 0. 2% 15% 1,705 United States 77% 23% 4% 11% 0. 2% 6% 5,017,534 Source: Federal Emergency situation Management Firm data Our group of experts found that Hawaii, Texas and Mississippi have the greatest percentages of insurance policy holders who will see a cost boost.

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West Virginia, Maine and Connecticut have the biggest portions of policyholders who will see a price decline of $20 or more, while Rhode Island has the largest portion of insurance policy holders who will experience a price decline of $60 or more. Florida has the biggest variety of insurance policy holders that will see a significant modification: Almost 22,000 Floridians will see the cost of their flood insurance drop by $100 or more, and 1,200 individuals will see it increase by $100 or more.

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0 will go into result for brand-new insurance policy holders starting on October 1, 2021, and for existing policyholders starting on April 1, 2022. This Site paid by the NFIP by state in 2021 In 2021, the total amount of payments of all claims totaled up to over $71 billion. That's a great deal of coverage compared to how inexpensive flood insurance coverage can be in high-risk locations.