Daily Money: Expanded child tax credit makes impact; insurance may not cover flood damage

Good morning, Daily Money friends, it's Nathan wishing you a happy Wednesday!

It's not exactly "Back to the Future 2," but a flying car just completed a test trip in Slovakia.

💰 Daily Money is our regular Paste BN roundup of all things personal finance, business and tech. If you're not yet subscribed, it's free, so sign up here!

On to our ... 

💡 INSIGHT OF THE DAY: If you haven't been on a plane since before the pandemic, some things have changed that you might want to know about. For example, you'll want to check and double-check your reservation in the weeks and days leading up to your trip because the airlines have been making changes to itineraries left and right.

📰 And here are more stories you won't want to miss:

1. The expanded child tax credit is poised to make a big impact for many families. Charisse Jones explains why.

2. Does insurance cover flood damage to your basement or your car? I'm afraid to say it might not.

3. Worried about foreclosure? These new rules aim to give homeowners options to cope with mortgage struggles.

4. Move aside, Los Angeles. You're no longer the most traffic-congested region in the U.S.

5. Here are several signs you may not be ready for a credit card – and how to rectify that.

6. "Low cost" and "insulin" don't usually go together. Walmart might be about to change that.

7. Maybe small cars aren't dead (at least not yet): Subaru is teasing a redesigned Subaru WRX performance car.

I guess old-fashioned horsepower is alive and well.

--@NathanBomey