Most insurance claims will fall on the federal government, where there is coverage at all. Even where required, it often goes unpurchased.
Homeowners (and Taxpayers) Face Billions in Losses From Harvey Flooding
Aug 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Federal Emergency Management Agency, Finance, Flood Insurance, Floods, Hurricanes and Tropical Storms, National Flood Insurance Program, Non-Bank Loans, Real Estate and Housing (Residential), Texas, Working Capital