Expanding the National Flood Insurance Program to Cover Coastal Erosion Damage

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dc.creatorKeeler, Andrew G.
dc.creatorKriesel, Warren
dc.creatorLandry, Craig E.
dc.date2017-04-01T17:24:36Z
dc.date.accessioned2026-07-09T04:32:10Z
dc.descriptionThis paper uses the results of a nationwide survey of coastal property owners to estimate the demand for insurance against erosion damage. The National Flood Insurance Program (NFIP) does not technically cover such damage, although in practice there is considerable uncertainty about this point. The ability to insure against such losses has implications for the choice of beach management strategies and for NFIP management. We find significant demand for insurance at prices in the range of current flood insurance premiums, although median willingness to pay appears to be less than cost of providing such insurance.
dc.identifierdoi:10.22004/ag.econ.43199
dc.identifierhttps://ageconsearch.umn.edu/record/43199/files/Keeler%20JAAE%20December%202003.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/43199
dc.identifier.urihttp://hdl.handle.net/123456789/551324
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/43199
dc.titleExpanding the National Flood Insurance Program to Cover Coastal Erosion Damage
dc.typeText

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