Rising flood insurance costs may be another blow to Houston’s affordability
Hurricane season is here, and with it comes a familiar feeling of dread in the Greater Houston area, particularly about floods. But more than five years after Hurricane Harvey, Houstonians may be less inclined to buy flood insurance because of cost increases that have begun to roll out in the last year, with the latest data from the Federal Emergency Management Agency showing that prices could go up by 75% in Harris County alone.
