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Flood Insurance Consumer Information

Flood Insurance Consumer Information

Do I need flood insurance?

Do I need flood insurance?News from PropertyCasualty360: With private carriers entering the market in recent years, NFIP is not the only source for flood coverage.
A: Anyone who owns a home near a body of water—including lakes and streams—should buy a flood insurance policy to protect their property. As a [...] Continue Reading…

FEMA gives Union Co. ultimatum; flood insurance could go up

FEMA gives Union Co. ultimatum; flood insurance could go upNews from News & Observer:
More than 400 homeowners whose property lies along the Missouri River in southeast South Dakota could end up paying a $ 50 surcharge on their flood insurance if officials in Union County do not meet [...] Continue Reading…

FEMA gives Union Co. ultimatum; flood insurance could go up

FEMA gives Union Co. ultimatum; flood insurance could go upNews from Charlotte Observer:
More than 400 homeowners whose property lies along the Missouri River in southeast South Dakota could end up paying a $ 50 surcharge on their flood insurance if officials in Union County do not meet a [...] Continue Reading…

New flood insurance guidelines go into effect Monday

New flood insurance guidelines go into effect MondayNews from Bucks County Courier Times:
Bucks County municipalities have until Monday to name a flood plain administrator and approve other regulations proposed by the Federal Emergency Management Agency to ensure that residents who live in flood-prone areas have flood insurance.
Montgomery County municipalities [...] Continue Reading…

FEMA agrees to review flood insurance cases

FEMA agrees to review flood insurance casesNews from Asbury Park Press:

A Mantoloking home that washed into Barnegat Bay during superstorm Sandy is seen in early 2013. The state announced Thursday that $ 9.5 million in federal aid will help home-owners pay rent while their homes are rebuilt or [...] Continue Reading…

Senators Press for Flood Insurance Fraud Probe

Senators Press for Flood Insurance Fraud ProbeNews from GovExec.com:
The Federal Emergency Management Agency failed to follow up on indicators that insurance companies altered damage assessments to avoid payouts to victims of Hurricane Sandy in 2012, according to news reports, court records and senators from New York and New Jersey.
As [...] Continue Reading…

State-run flood insurance proposed

State-run flood insurance proposedNews from New York Daily News:

BY Lisa L. Colangelo , Reuven Blau
NEW YORK DAILY NEWS
Sunday, March 1, 2015, 11:41 PM

Courtesy of Phil Goldfeder State Assemblyman Phil Goldfeder wants to create a state-run insurance program for homeowners in flood-prone areas.
The state should create its own insurance [...] Continue Reading…

New flood insurance premiums to rise higher than expected

New flood insurance premiums to rise higher than expectedNews from Wicked Local Hudson:

MARSHFIELD – When their policies renew on or after April 1, homeowners with federal flood insurance will begin paying new fees and rates that are higher than some coastal advocates expected.

Come April 1, the National Flood Insurance [...] Continue Reading…

4000+ Wichita homes may now need flood insurance

4000+ Wichita homes may now need flood insuranceNews from KWCH:WICHITA, Kan. -
Thousands of homeowners in Wichita may need to get flood insurance, now that new FEMA maps have been drawn up showing areas at risk.
If you are affected, check your mail box. Letters go out next month explaining the [...] Continue Reading…

Changes in Flood Insurance Costs To Take Effect April 1 Featured

Changes in Flood Insurance Costs To Take Effect April 1 FeaturedNews from Prescott eNews:
Implementation of NFIP Reform Legislation Brings Higher Costs for Some, Financial Relief for Others

On April 1, 2015, the Federal Emergency Management Agency (FEMA) will implement additional changes to the National Flood Insurance Program (NFIP) as directed [...] Continue Reading…