Some South LA homeowners forced to carry expensive flood insurance

Name: Some South LA homeowners forced to carry expensive flood insurance
Uploaded: 2022-05-03T16:38:00-0700
Duration: 2 min 14 s
Description: Kristine Lazar reports from South LA where some homeowners, whose homes are classified by FEMA as having a 1% annual risk of flooding, are forced to carry pricey flood insurance by their lenders, though homes homeowners directly across the street do not.

Kristine Lazar reports from South LA where some homeowners, whose homes are classified by FEMA as having a 1% annual risk of flooding, are forced to carry pricey flood insurance by their lenders, though homes homeowners directly across the street do not.