Inaugural Neptune Consumer Survey Results

By August 11, 2020Company News

The Neptune Consumer Survey of Flood Awareness, conducted nationally in partnership with the University of South Florida, highlights consumer misperceptions of flood risk and flood insurance options and cost. One of the key findings – Consumers significantly underestimate their level of risk of flooding:

  • 63% believe that they have Low Risk or No Risk of flooding, whereas according to a Verisk 2019 study, 62M homes representing over 50% of US homes are at Moderate to Extreme Risk
  • 65% of Floridians perceive themselves to be at Low to No risk of flooding.