Sen. Isakson, Rep. Carter: Improving Flood Insurance for Georgians
Coastal
Flooding is the most common form of natural disaster and ranks among the most expensive for residents and local government. Coastal
Since 1968, citizens in
With the rate of increasing debt and high frequency of severe storms, the need to address the issues plaguing the National Flood Insurance Program is more urgent than ever. Americans understand that free market solutions bring more competition and more choices for consumers, resulting in lower prices and better products. Expanding the flood insurance market to more privately owned issuers could provide more options for homeowners in
Likewise, local governments are often forced to adhere to federal flood maps and standards when determining who can obtain flood insurance as well as the rates they pay. We need to bridge the gap between federal and local government by allowing localities, using their own resources and more accurate technology, to develop their own flood maps as alternatives to National Flood Insurance Program maps.
We are working to improve the National Flood Insurance Program to give Georgians the peace of mind that they will be covered in the event of a natural disaster. We understand how important it is that
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