REALITY: A number of states have implemented a variety of proactive programs to address their unique natural catastrophe exposures and assist their citizens. In Congress, proactive bills are pending that direct federal assistance to consumers in the coastal regions.

• Consumer Tax Credits for Low-Income Households

The 2007 South Carolina legislature passed a measure giving a credit against the state income tax for excess premium paid for homeowners insurance if the premium paid exceeded 5% of the taxpayer’s adjusted gross income.