Michel-Kerjan, Erwann; Kousky, Carolyn - HAL - 2009
In the U.S., flood insurance is provided essentially through the National Flood Insurance Program (NFIP), a public …. This paper provides a detailed analysis of the largest flood insurance sample ever studied by focusing on the state of … Florida, which accounts for 40 percent of the entire NFIP portfolio. We study the demand for flood insurance with a database …