|By Ryan Scott Ottney, Portsmouth Daily Times, Ohio|
|McClatchy-Tribune Information Services|
Every 10 years, the
He said only 10 people showed up to those meetings.
Hamilton said if a property owner has a mortgage, the bank can require them to purchase this insurance. If the property owner doesn't get the insurance, the bank can purchase it for them using money from their escrow account and include that cost on the property owner's mortgage payment. A higher mortgage, he fears, could mean more people being unable to make their payments, and could be forced out of their homes.
Now that the new flood maps are published, people are beginning to see their insurance increase as much as 60 percent. After receiving phone calls from concerned citizens, Hamilton called
Hamilton hosted another meeting in
"I think what it took is that finally the lenders started checking the floodplain maps and more people had stuff happening with their escrow being taken to have flood insurance, or their lenders calling and telling them to get flood insurance by a certain date or they're going to take action. Before, I don't know if people just didn't think it was serious; it was out there, but now it's right in front of them. That's why the turnout is so different tonight (Wednesday)," Hamilton said.
Joining him at the meeting Wednesday evening was Scioto County Flood Plain Administrator
Residents reviewed the new flood maps, asked questions about flooding and insurance rates, and picked up information about the FEMA Preferred Risk Policy Eligibility Extension.
Local insurance agents were also encouraged to attend for information, but only two did.
Information about the program is still available to residents of
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