North Carolina Homeowners Without Flood Insurance Face Financial Risk | NBC Nightly News

North Carolina Homeowners Without Flood Insurance Face Financial Risk | NBC Nightly News


>>Reporter: THE BEGINNING OF A SLOW MOVING DISASTER WITH BEGINNING OF A SLOW MOVING DISASTER WITH LITTLE END IN SIGHT. MOVING DISASTER WITH LITTLE END IN SIGHT. GABE GUTIERREZ, NORTH LITTLE END IN SIGHT. GABE GUTIERREZ, NORTH CAROLINA. GABE GUTIERREZ, NORTH CAROLINA.>>>I’M KERRY SANDERS CAROLINA.>>>I’M KERRY SANDERS IN FAYETTEVILLE, NORTH>>>I’M KERRY SANDERS IN FAYETTEVILLE, NORTH CAROLINA. IN FAYETTEVILLE, NORTH CAROLINA. FOR THOSE WHO CAROLINA. FOR THOSE WHO EVACUATED LIKE THE FOR THOSE WHO EVACUATED LIKE THE RODGERS WHOSE HOME IS EVACUATED LIKE THE RODGERS WHOSE HOME IS LESS THAN A MILE FROM RODGERS WHOSE HOME IS LESS THAN A MILE FROM THE CAPE FEAR RIVER, LESS THAN A MILE FROM THE CAPE FEAR RIVER, TODAY IS ANOTHER DAY THE CAPE FEAR RIVER, TODAY IS ANOTHER DAY OF MISERY AS THEY TODAY IS ANOTHER DAY OF MISERY AS THEY ANXIOUSLY WONDER IF OF MISERY AS THEY ANXIOUSLY WONDER IF THEIR HOUSE IS NOW ANXIOUSLY WONDER IF THEIR HOUSE IS NOW SUBMERGED. THEIR HOUSE IS NOW SUBMERGED. WHEN YOU HEAR 62 PLUS SUBMERGED. WHEN YOU HEAR 62 PLUS FEET, WHAT DO YOU WHEN YOU HEAR 62 PLUS FEET, WHAT DO YOU THINK? FEET, WHAT DO YOU THINK?>>I THINK THAT’S THINK?>>I THINK THAT’S NATURE.>>I THINK THAT’S NATURE.>>WE HAVE INSURANCE NATURE.>>WE HAVE INSURANCE ON THE HOUSE.>>WE HAVE INSURANCE ON THE HOUSE. BUT NOT FLOOD ON THE HOUSE. BUT NOT FLOOD INSURANCE. BUT NOT FLOOD INSURANCE.>>Reporter: AND INSURANCE.>>Reporter: AND THAT’S A PROBLEM FOR>>Reporter: AND THAT’S A PROBLEM FOR THE RODGERS AND SO THAT’S A PROBLEM FOR THE RODGERS AND SO MANY OTHERS HERE WHO THE RODGERS AND SO MANY OTHERS HERE WHO ONLY HAVE HOMEOWNERS MANY OTHERS HERE WHO ONLY HAVE HOMEOWNERS INSURANCE. ONLY HAVE HOMEOWNERS INSURANCE.>>I HAVE BEEN THERE INSURANCE.>>I HAVE BEEN THERE 20 SOMETHING YEARS AND>>I HAVE BEEN THERE 20 SOMETHING YEARS AND NEVER HAD NO PROBLEM. 20 SOMETHING YEARS AND NEVER HAD NO PROBLEM.>>Reporter: THEY’RE NEVER HAD NO PROBLEM.>>Reporter: THEY’RE NOT ALONE.>>Reporter: THEY’RE NOT ALONE. IT’S ESTIMATED LESS NOT ALONE. IT’S ESTIMATED LESS THAN 3% OF RESIDENTS IT’S ESTIMATED LESS THAN 3% OF RESIDENTS WHO LIVE WELL INLAND THAN 3% OF RESIDENTS WHO LIVE WELL INLAND FROM THE NORTH WHO LIVE WELL INLAND FROM THE NORTH CAROLINA COAST CARRY A FROM THE NORTH CAROLINA COAST CARRY A $700 A YEAR FLOOD CAROLINA COAST CARRY A $700 A YEAR FLOOD INSURANCE POLICY. $700 A YEAR FLOOD INSURANCE POLICY. BUT AS RESIDENTS ARE INSURANCE POLICY. BUT AS RESIDENTS ARE DISCOVERING IN THE BUT AS RESIDENTS ARE DISCOVERING IN THE BACK AREAS OF THE DISCOVERING IN THE BACK AREAS OF THE IMPACT ZONE, THE COST BACK AREAS OF THE IMPACT ZONE, THE COST IS DIRE. IMPACT ZONE, THE COST IS DIRE. ACCORDING TO FEMA, IS DIRE. ACCORDING TO FEMA, JUST SIX INCHES OF ACCORDING TO FEMA, JUST SIX INCHES OF FLOODWATER IN A HOME JUST SIX INCHES OF FLOODWATER IN A HOME COSTS A HOMEOWNER FLOODWATER IN A HOME COSTS A HOMEOWNER $52,000 IN DAMAGE. COSTS A HOMEOWNER $52,000 IN DAMAGE. AT A FOOT, THE LOSS IS $52,000 IN DAMAGE. AT A FOOT, THE LOSS IS $72,000. AT A FOOT, THE LOSS IS $72,000. AND FOUR FEET, MORE $72,000. AND FOUR FEET, MORE THAN $100,000. AND FOUR FEET, MORE THAN $100,000. ADDING TO CONFUSION, THAN $100,000. ADDING TO CONFUSION, AGENTS SAY MOST ADDING TO CONFUSION, AGENTS SAY MOST HOMEOWNERS MISTAKENLY AGENTS SAY MOST HOMEOWNERS MISTAKENLY BELIEVE IF THEY’RE NOT HOMEOWNERS MISTAKENLY BELIEVE IF THEY’RE NOT IN A FLOOD ZONE THEY BELIEVE IF THEY’RE NOT IN A FLOOD ZONE THEY DON’T NEED FLOOD IN A FLOOD ZONE THEY DON’T NEED FLOOD INSURANCE. DON’T NEED FLOOD INSURANCE.>>PEOPLE FEEL IT’S INSURANCE.>>PEOPLE FEEL IT’S NOT GOING TO HAPPEN TO>>PEOPLE FEEL IT’S NOT GOING TO HAPPEN TO ME. NOT GOING TO HAPPEN TO ME. AND UNTIL IT DOES. ME. AND UNTIL IT DOES. UNFORTUNATELY, THAT’S AND UNTIL IT DOES. UNFORTUNATELY, THAT’S WHEN THEY NEED IT. UNFORTUNATELY, THAT’S WHEN THEY NEED IT.>>Reporter: TONIGHT WHEN THEY NEED IT.>>Reporter: TONIGHT THE NORTH CAROLINA>>Reporter: TONIGHT THE NORTH CAROLINA DEPARTMENT OF THE NORTH CAROLINA DEPARTMENT OF INSURANCE SAYS THIS IS DEPARTMENT OF INSURANCE SAYS THIS IS THE WORST FLOODING THE INSURANCE SAYS THIS IS THE WORST FLOODING THE STATE HAS EVER SEEN.

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About the Author: Oren Garnes

17 Comments

  1. With the current admin diverting funds from fema I hope trump still has the backs of the people… Time will tell… They are going to need it… 🙏🙏🙏

  2. Who needs flood insurance? Blame someone else when something happens. The government will be there to save you from your own choices. Has anyone been paying attention to our weather patterns? I mean duhh. How many historic once every 500 or 1,000 year events have been happening the last few years? Blame Trump, blame FEMA, don’t take personal responsibility for your own choices. There’s no reverse switch. Climate chaos is upon us. I’d be making plans to adapt n adjust or suffer the consequences. It’s so sad to see people suffer. You’re all in my thoughts. I’m sorry you have to go thru this.

  3. But do they not get hefty amounts of rain dropped on them? I'm confused as to why they're not prepared for sudden rising waters.

  4. Tiny homes folks…rv living…yurts…Alternative earth friendly Isnt it time to rethink our Housing and become fluid and live in harmony With the earth? You live near ocean, rivers, then be Fluid in same way. Its an oxy moron to do sticks n bricks in area where nature changes the blueprint.

  5. Flood insurance covers broken pipes too, get it folks if you live anywhere water, climate is changing, sorry for these guys, does the government have emergency funds to help?

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