As the federal government shutdown continues, thousands of homebuyers may find themselves shut out of critical flood-insurance policies. This situation adds to broader concerns about rising insurance costs and climate change, potentially slowing the real-estate market nationwide.

Recovering from a presidentially declared disaster can be both financially taxing and emotionally overwhelming. For survivors of the July 2-18 flooding in Central Texas, financial aid from FEMA’s Individuals and Households Program may come with a legal requirement to purchase flood insurance, ensuring future protection against devastating losses.