All posts tagged national flood insurance program

Flood Insurance Rates Could Rise For Hundreds Of Thousands Of Homeowners Under Proposal

Congress is considering sweeping changes to the debt-laden National Flood Insurance Program that could jack up flood insurance rates for hundreds of thousands of homeowners under a bill that a Florida real estate group called “devastating.” CLICK ON THE HEADLINE FOR MORE

Florida’s Private Flood Insurance Market Is A Template For The Country

Florida serves as a model for how to restore fiscal sanity to an out-of-control government insurance program, while still taking into account the real and politically delicate issue of affordability. CLICK ON THE HEADLINE FOR MORE

South Carolina: A Perfect Example Of Why EVERYBODY Should Have Flood Insurance

Homeowners living in low-risk areas may feel like they don’t need to pay for the added insurance, when in fact, the NFIP reported that more than 20 percent of flood claims come from people outside of high-risk areas. CLICK ON THE HEADLINE FOR MORE

Flood Insurance Hikes Kick In

Even those not required to buy it might still want to consider it as hurricane season approaches June 1. CLICK ON THE HEADLINE FOR MORE

Flood Insurance Rates On Non-Primary Residences To Rise

A recent FEMA memo underscores a harsh reality for non-primary residences – to the tune of a 37 percent price hike. CLICK ON THE HEADLINE FOR MORE

Being ‘Flood Smart’ In South Florida

Don’t wait until it is too late. Floods can happen almost anywhere, and they are not limited to coastal areas or to tropical cyclones. CLICK ON THE HEADLINE FOR MORE

Legislative Session Brings Flood Insurance Premium Relief

A bill to create an alternative to the national flood insurance program created through the Biggert-Waters Act won strong support in both the House and the Senate. CLICK ON THE HEADLINE FOR MORE

U.S. Senate Approves Delay In Flood Insurance Rate Hikes

The bill would block parts of a law that forced the increases, but significant challenges remain. CLICK ON THE HEADLINE FOR MORE

Private Flood Insurance? Some Interest Is Surfacing

With increases in federal flood insurance rates looming, two insurance providers have said they are prepared to sell private flood policies in Florida. CLICK ON THE HEADLINE FOR MORE

Florida Weighs Private Flood Insurance Options

With Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers. CLICK ON THE HEADLINE FOR MORE

Scott: Block Flood Insurance Rate Hikes

Scott warned that rate increases could have a “devastating” impact on Florida’s real estate market and economy. CLICK ON THE HEADLINE FOR MORE

New Flood Insurance Rules Have Consequences For Florida’s Economy

You could looking at a likely increase of 500 to 600 percent in the blink of an eye. CLICK ON THE HEADLINE FOR MORE

How Secure Is Flood Insurance?

After all, if your home gets flooded, I’m fairly certainly you don’t intend to wait for approval from a dysfunctional Congress to get your home repaired. CLICK ON THE HEADLINE FOR MORE