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Monica De La Cruz: “The insurance company was not able to price at the full risk…”

Featuring: Monica De La Cruz, Republican | U.S. House, Texas, District 15

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De La Cruz: Importance of Write-Your-Own Carriers for Texas Flood Insurance

Published | Video Starts at 04:26

And I'll just reclaim my time quickly because we only have a couple seconds. And what I found on the private side was that The insurance company was not able to price at the full risk of what flood insurance actually costs. And that's where the battle becomes nfip, or an actual private carrier. (04:26–04:35)

CLAIM

Asserts that private insurance companies cannot price flood insurance at its full risk cost.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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