Florida can make or break FEMA’s NFIP

Flood risk is prevalent throughout United States and FEMA’s National Flood Insurance Program (NFIP) is tasked with identifying flood risk and administering Flood Insurance.

Did you know that the Florida is by far the State with the greatest number of flood insurance policies and largest insurance liability?

To grasp the the immensity of this statement, please follow the charts below:

The State of Florida carries more than ⅓ of over 5 million total NFIP policies in the United States:

chartSource: FEMA NFIP Statistics

Compared to the top 10 States in number of policies, Florida has more than three times the number of policies than the nearest competitor, Texas:

chartSource: FEMA NFIP Statistics

An in terms of insurance dollars in-force, Florida dominates the statistics as well, commanding more than ⅓ of insurance liability, approximately $464 billion dollars:

chartSource: FEMA NFIP Statistics

South Florida

South Florida leads the State in number of policies in force. Three counties are at the top: Miami-Dade (355K policies in force), Broward (310K policies in force), and Palm Beach (160K policies in force):

chartSource: FEMA NFIP Statistics

Miami-Dade County

Miami-Dade is ground zero for flood risk and climate change impact. We have assessed every property in Miami-Dade, taking into consideration more than 25 different factors. Here are the best and worst Neighborhoods, according to the Flood Outlook Score:

Ten Safest Neighborhoods

NAME Average Flood Outlook Score
Shenandoah 62
Coral Gate 60
Buena Vista 56
Midtown 54
Silver Bluff 54
Design District 51
West Miami 50
West Perrine 50
Pinewood 46
Flagami 46

Ten Riskiest Neighborhoods

NAME Average Flood Outlook Score
Golden Beach 2
North Bay Village 2
Venetian Islands 2
Star Palm and Hibiscus Islands 3
Key Biscayne 4
Miami Beach 4
Indian Creek 5
Palm Springs North 5
Fisher Island 5
Bal Harbour 7