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Starting Oct. 1, the new program will for the first time take into account the size and proximity of a home to a potential flood source.
Florida property and business owners have filed almost 146,000 claims related to damage caused by last year's hurricane.
Florida property and business owners have filed more than 131,000 claims related to damage caused by the storm.
The Atlantic hurricane season ended on Friday with a total of 15 named storms, above the annual average.
Half will go to help those in regions affected by Hurricane Florence; the other half will help those in regions affected by Hurricane Michael.
Surviving the Storm
Local experts share their tips and resources.