Flood insurance costs surging
When the company insuring my home called wanting to know its square footage and other information, I realized an increase in
The new rates have already become effective for some of
I have been a longtime flood insurance policyholder, and my premiums have been in the
My home was in a flood zone until I got a letter from the city of
Even though I appeared to be safe, I decided to keep buying flood insurance coverage. Historic rainfall and flooding hit this area in
Information that is available on the new flood insurance program indicates half of those 500,000 policyholders in
Insurance for homes in the
"Ensuring that the National Flood Insurance Program is fair, affordable, and accessible is essential if we want the program, and the communities it protects, to be here for the future," Hecht said. "
Hecht said the new program has to be affordable, offer funding for ways to protect property from flooding and be transparent, which
Republican
The high cost of flood insurance will definitely get higher in those communities affected by major land loss. And that includes all areas along the
"The Cost of Climate," an analysis by a
A
If we don't accept that climate change is real, people living along the coast could be looking for other places to live in the not-too-distant future.
Jim Beam is a contributing writer to
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